Hawkish Talk; Dovish Walk
Published in Business Line on Apr 26, 2007
Why all claims of inflation moderating in the near to medium-term is meaningless gibberish. I have made some predictions regarding CRR, Interest rates and Inflation that would be worth watching for the year ahead.
1 Comments:
This is a nicely articulated article,but apparently one-sided.Choking inflation through dearer money policy may be theoretically attractive,but would not growth suffer? Trading off growth and price stability is a difficult exercise even at the best of times.It is even more tricky now when there is a trend reversal in interest rate movement.
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