Ahead of the mid-quarterly policy review, the Reserve Bank of India (RBI) Deputy Governor Subir Gokarn on Monday hinted at cut in interest rates.He said moderation in inflation due to lower economic growth and cooling global oil prices provide room for easing monetary policy. He was speaking in Mumbai on Monday.The central bank is scheduled to announce its first mid-quarter review of monetary policy for 2012-13 on 18th of this month.In its annual credit policy for 2012-13 on April 17, RBI had slashed short-term lending rate or repo rate by 0.50 per cent to 8 per cent to prop up economy.