Thursday, 19 December 2013

A Comment on RBI keeping Rates unchanged despite high Inflation

My  comment on an article "Why RBI kept rates unchanged despite high inflation" published in Economic Times dated 18/12/2013 at 1:10 pm. 


"He knows that it is a kind of taking risk, but wants to read more. 

He is looking for data regarding consumer behaviour on a more lengthy period keeping the rates unchanged for the time being. 

He wants the mechanism to adjust itself and settle at some equitable point before doing anything."
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