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Equity Research
India’s FM said that while inflation is an “important factor,” the
central bank shouldn’t “compromise” on the nation’s economic
growth. Policy makers will have to “strike a balance” in setting
interest rates, Mukherjee said less than two weeks before the next
monetary policy meeting. “Inflation is an important factor,” while “at
the same time, to control inflation, we should not compromise on
growth rates,” he said.
http://www.nirmalbang.com/Upload/Daily091009.pdf
central bank shouldn’t “compromise” on the nation’s economic
growth. Policy makers will have to “strike a balance” in setting
interest rates, Mukherjee said less than two weeks before the next
monetary policy meeting. “Inflation is an important factor,” while “at
the same time, to control inflation, we should not compromise on
growth rates,” he said.
http://www.nirmalbang.com/Upload/Daily091009.pdf