RBI’s monetary policy committee must improve its communication4 min read . Updated: 02 Mar 2017, 04:40 AM IST
The monetary policy committee should better appreciate the fallout from its inconsistent action-guidance mix across reviews
India’s infant monetary policy committee (MPC) has already made history: In just three bi-monthly reviews beginning October, it has acted upon three different inflation assessments. At this pace, perhaps one shouldn’t be surprised if the panel decides to shift to a tightening bias at the next meeting in April!
Select your Category