Now that core inflation is at the upper end of the band, and that the US has started tapering its bond purchases, India's monetary policy should think about raising interest rates.“ The heavy lifting, now, remains to be done at the fiscal level....
But the process should not be too quick, he added....
Such rapid tightening of fiscal policy has in the past choked the growth potential of advanced economies. Mundle critically mentioned that while sustained expenditure will solve the growth proble
经济
商业标准报-经济和政策
2021-11-17 00:00:00.0