New Delhi, June 7 -- The Reserve Bank of India (RBI) surprised markets by frontloading its monetary easing with a 50-basis point rather than the consensus 25-basis point repo rate cut on Friday. One basis point is one hundredth of a percentage point. By changing the policy stance from accommodative to neutral, it has also sent a signal that there could be no more rate cuts in the near-term. What explains these decisions by the central bank? What do they mean for the Indian economy? Here are some charts that try to answer this question. After Friday's decision, the repo rate now stands at 5.5%, the lowest it has been since August 2022 when it was at 5.4%. The current monetary easing cycle, which began with a 25-basis point cut in February 20...