.........High inflation “is and will remain the key priority of monetary policy” even as there is a need to manage inflation “with an eye on the economy, so that you don’t kill growth”, said Rajan speaking at an interaction with institutional investors in New York, organized by Citigroup, on Friday night. Since he took charge from D. Subbarao on 4 September, Rajan has raised the key rate twice from 7.25% to 7.75%............
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