Reserve Bank of India Governor Shaktikanta Das stated that interest rate cuts won't be considered unless inflation firmly stabilises around the 4% target. Das emphasized that the topic of rate cuts is not even under discussion, highlighting the need for clear evidence of sustained low inflation. The central bank has maintained unchanged rates for five consecutive policy meetings, maintaining a relatively hawkish stance amid inflation above the target. Economists anticipate potential rate cuts later in the year following actions by the Federal Reserve.