Effect of RBI’s rate increases still unclear: MPC’s J.R. Varma

Effect of RBI’s rate increases still unclear: MPC’s J.R. Varma

Pace of interest rate adjustment will depend on state of the economy, says panel member Pace of interest rate adjustment will depend on state of the economy, says panel member The success of the Reserve Bank of India’s interest rate increases in controlling inflation is not yet clear, and the pace of rate adjustment will […]

Continue Reading
RBI not ‘behind the curve’ in hiking rate; never wise to overreact to shocks: Ashima Goyal

RBI not ‘behind the curve’ in hiking rate; never wise to overreact to shocks: Ashima Goyal

Ms. Goyal was responding to a question on why the RBI did not raise interest rate much earlier despite rising inflation Ms. Goyal was responding to a question on why the RBI did not raise interest rate much earlier despite rising inflation The Reserve Bank of India is not “behind the curve” in hiking interest […]

Continue Reading