Bank of England’s experience, a message for RBI
The Bank of England is of the view that further sharp increases in policy rates could do more damage than good. The RBI’s MPC will do well to bear this in mind.
The Bank of England is of the view that further sharp increases in policy rates could do more damage than good. The RBI’s MPC will do well to bear this in mind.
TK Arun The pandemic, supply disruptions, the Ukraine war, inflation and monetary tightening are hurting a lot…
By replacing the reverse repo rate with the Standing Deposit Facility rate, the RBI has managed to raise the base lending rate in the economy, while seeming to hold policy rates static
TK Arun The MPC’s decision to keep repo rates unchanged reflects the RBI’s belief that its ongoing…
Simi Mehta, Anshula Mehta The “Employer of Last Resort” (ELR) policy by the government is crucial for…