New Delhi: With the inflation in the second quarter of FY25 likely to remain below the Reserve Bank of India’s (RBI) forecast of 4.4 per cent, amid the cooling of food prices, the central bank may consider rate cuts in the forthcoming Monetary Policy Committee (MPC) meetings, industry analysts said on Thursday. The year-on-year inflation rate (3.65 per cent), based on the All India Consumer Price Index (CPI), for the month of August was the second lowest in the last five years. Dr Vijay Kalantri, Chairman of MVIRDC World Trade Center in Mumbai, said that it has now been one year since CPI inflation stayed below the upper threshold of 6 per cent. “Food inflation, which had been the primary d
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