Stable shores in India only after 2023’s global storm4 min read . Updated: 15 Dec 2022, 02:30 AM IST
Our estimates suggest dark clouds gathering over growth and gradual disinflation.
Central bank governors have a lot in common with ship captains. Both need to assess the winds to forecast if a storm is on the way, and draw up the sails accordingly. In both cases, there is a perceptible lag between turning the wheel and the ship starting to change direction. And if you find yourself staring at an iceberg, then it’s probably too late!
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