This would be the best possible option for RBI which will also project it as a forward-looking central bank, it said. The Consumer Price Inflation (CPI) numbers for F27 are nowtracking around 4 per cent or less. Post June 2025 rate cut, GST rationalization is creating multiplier effects and with benigninflation trajectory, there is a need to recalibrate the monetary policy stance to mitigate market confusion regarding future path for monetary policy. The RBI has already reduced the repo rate by 100 basis points since February, amidst declining CPI inflation. After reducing the repo rate three times in a row, the RBI hit a pause button in August.