Wednesday, June 25, 2008

A Case of Too Little, Too Late

Published in Mint on June 26, 2008

Commentary on the recent Lending Rate and CRR hikes. Much too small and will not make a difference to the direction in which Consumer Prices are headed i.e. North. I am surprised that the RBI is not able to see the writing on the wall -- afterall they are literally "printing" it.

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