Tuesday 10 December 2019

Inflation targeting: Surge in prices of onion & sugar has brought back bad memories

The RBI had to bump up its inflation forecast by an average 130 basis points in less than three months and skip an interest rate cut that was almost given. A surge in prices of onion and sugar has brought back the bad memories of farm economy roiling the rest. Is it time to shift target gauge?

from Stocks-Markets-Economic Times https://ift.tt/34f4lER

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