today, RBI is set to review its key policy rates like repo, reverse repo, cash reserve ratio etc.
RBI countinuously increased the key rates on account of hight inflation rate.
Corporate sector is demanding rate cut for a long time.
Should RBI reduce the rates despite the fact that inflation rate is still higher than 7.5 %?
If it do so, it will unjustify its previous stance on inflation
What RBI should do?