The Reserve Bank of India (RBI) expects inflation to moderate further in the next 2-3 months that may lead to cut in interest rates by the Central Bank, RBI deputy governor KC Chakrabarty said on Thursday.
“We are trying to bring down inflation ... There is a probability that inflation would come down in the next few months. In the next 2-3 months, inflation should come down,” he said after inaugurating a rural branch of ICICI Bank here.

Source - http://www.financialexpress.com