Reserve Bank Governor D Subbarao today met Finance Minister Pranab Mukherjee and is believed to have discussed the macro-economic situation of the country. The RBI is scheduled to announce the mid-quarterly review of its monetary policy on 15 of this month, a day before the presentation of the Union Budget in Parliament.In order to ease the liquidity situation, the Reserve Bank in its third quarter monetary policy on January 24th had cut cash reserve ratio by half a percentage point to 5.5 percent. The move released 32,000 crore rupees in the system.