Repo rate and reverse repo rate have been kept unchanged along with accommodative stance
Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy
Economists expect the RBI to trim its inflation projection butt there are still risks to the upside
Consumer prices may recede to pre-pandemic levels by the middle of next year
Lower prices, revival in economy and easing of Covid restrictions favour brisk sales