The government’s barrage of announcements complicates Governor Subbarao’s choice
......The set of policy measures announced last week is unlikely to yield results this fiscal. The headline inflation at 7.55 per cent is high and is climbing again. Two weeks later, the diesel price rise will push it one per cent more. Yet if the RBI governor wants to vote for optimism on the economy, a 50 basis point cut in repo rates will do nicely......
Read - Indian Express
No comments:
Post a Comment