RBI has done what it can with interest rates for now, but heavy lifting on inflation will fall on government
The RBI’s Monetary Policy Committee’s decision to hike interest rates seems aimed more at controlling expectations of future inflation levels than at bringing down inflation itself. That is a job for the government
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2 reports · 2 sources
The HinduRBI has done what it can with interest rates for now, but heavy lifting on inflation will fall on governmentThe HinduRBI has done what it can with interest rates for now, but heavy lifting on inflation will fall on government10 recorded states
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