View: RBI needs flexibility, monetary policy cannot become a game of whack-a-mole
Synopsis The presence of myriad supply constraints, both temporary and permanent, often means that there are periodic spurts in some prices that pushes up headline inflation. These supply problems could show up in items as diverse as onions and healthcare. Flexibility must remain the cornerstone of the new framework. By Abheek BaruaReserve Bank of India … Read more
