FIRST MONETARY POLICY UNDER SHAKTIKANTA DAS
Prasenjit K. [email protected]jitKBasu In June 2018, I said the RBI’s policy error would be clear in 3 months bcoz inflation would DECLINE (not increase as the MPC was forecasting). Real policy rate of +4% is still close to the highest in the world. Another rate cut inevitable at next MPC meeting. #OverdueEasing
Soumya Kanti [email protected]tisoumya RBI policy entails a better synergy between policy and market microstructure. Nuanced policy measures and effective communication!