Between growth and inflation, which one do you think deserves priority right now currently?
For the monetary authority, the central bank, inflation will always remain the most important factor. But that does not mean we cannot grow, we can. The Reserve Bank follows a system, which you called a multiple indicator, so you look into various indicators that combine the monetary policy together. But then inflation and implying stability will continue be the most important factors. We are saying one thing from a long time that we cannot have high growth with high inflation. If we want high growth, there is a need to bring the inflation down and temporarily, we have to sacrifice the growth to bring down the inflation. But we should not hesitate, ultimately growth will pick up and we will be not able to have high growth without a moderate or low inflation.............
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