CoinVoice has recently learned that Barclays economists stated in a report that the Reserve Bank of India may cut interest rates in June, earlier than previously expected in August. The average inflation rate in India for April to June is expected to be around 3.0%-3.1%, significantly lower than the Reserve Bank of India's forecast of 3.6%, which may prompt a third consecutive rate cut in the June meeting. Although the continuous slowdown in food prices may be coming to an end, overall price pressures remain under control, and May's inflation data may benefit from a base effect. Barclays expects the inflation rate for the fiscal year 2025-2026 to be 4.0%, with downside risks. [Original link]