RBI faces monetary policy dilemmas4 min read 08 Oct 2021, 06:38 PM IST
Our central bank will need to address risks generated by its own and the US Fed’s extraordinary monetary easing.
As widely expected, the Reserve Bank of India (RBI) once again left its negative real policy rate unchanged in the monetary policy announcement of 8 October. The ground macroeconomic situation had not materially changed over its last few policy announcements. If anything, its dilemmas have magnified.
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