What a batsman on a seaming wicket can teach RBI4 min read 12 Jul 2022, 10:35 PM IST
Monetary policymakers face uncertainty on the inflation trajectory as well as the effects of price expectations and rate hikes
Central bankers today face a dilemma that is very similar to what a batsman playing on a seaming wicket sometimes faces. A batsman who decides to play on the front foot can reach the ball before it swings, but there is a risk of misreading the movement. A decision to play on the back foot has the advantage of being able to watch the ball till very late, but at the risk of being forced to play a hurried shot.
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