Economy Inflation may force RBI to stop on rate cuts: IMF Updated : December 24, 2019 01:29 PM IST Earlier this month, the six-member Monetary Policy Committee of RBI surprised markets by deciding to hold the repo rate steady at 5.15 percent, citing high inflation. Annual retail inflation increased to 5.54 percent last month. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.