A lower-than-expected retail inflation print for February and the likelihood of inflation aligning closer to the Reserve Bank of India’s (RBI) target of 4% in the coming financial year may prompt the central bank to opt for another 50-basis point cut in the policy repo rate in FY26, an FE poll of 12 economists showed. Many of them, however, say the risks to inflation still remain due to the onset of global tariff wars triggered by the US, threats of imported inflation, relentless depreciation of the rupee against the dollar, and the likely rise in prices of key food items.