The RBI’s Monetary Policy Committee’s decision to hike interest rates seems aimed more at controlling expectations of future inflation levels than at bringing down inflation itself. That is a job for the government
The RBI’s Monetary Policy Committee’s decision to hike interest rates seems aimed more at controlling expectations of future inflation levels than at bringing down inflation itself. That is a job for the government
<iframe src="https://hindustansphere.com/embed/cluster/adeb04b6a9fcf881065dbc43da8d866dd9143abd" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="RBI has done what it can with interest rates, but heavy lifting on inflation will fall on government"></iframe>
