RBI Inflation 2025-26: The RBI's MPC projects FY26 headline inflation at 3.1%, lower than previous forecasts, but anticipates a rise to 4.9% in FY27, exceeding the 4% target. Despite easing inflation, the repo rate remains unchanged at 5.50%, marking the fourth consecutive cut in 2025. The central bank maintains a neutral stance, supporting growth amid global trade uncertainties and volatile food prices.