Has The RBI Set The Stage For A Rate Cut In The Future?

Is the RBI’s decision to keep interest rates unchanged a prudent and well-considered move? Headline inflation has moderated, but is it likely to rise again due to geopolitical tensions and increasing commodity prices? Domestic growth remains strong, with urban demand holding steady and rural demand showing signs of improvement. So is it wise of the MPC members to observe the situation for a few more months before considering a strategic interest rate cut? What does the RBI shifting its monetary policy stance to 'Neutral', mean for liquidity conditions and growth? And has the stage been set for a potential rate cut in the future?