....This explanation will naturally not go down well with the several advocates of a softer interest rate regime. However, for all its unequivocal statement, the RBI is most probably not revealing its monetary policy stance. In other words, whether there will be an interest-rate cut or not, the ensuing credit policy review will continue to be a matter for debate, with both sides marshalling their facts and figures. But the RBI’s assertion that high interest rates are not the only, or even the main cause for the slowdown, gives a new twist to the traditional monetary policy debate of growth versus inflation.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment