Inflation Targeting

Should the RBI give it up and focus only on growth?     Of late there has been a clamor from many economists and policy makers for RBI to give up on inflation targeting. What exactly does this mean? Inflation targeting is setting a medium term target of inflation and then using various tools to…

BOE Cuts Rates

It could have larger implications for the world economy…     The Bank of England (BOE) cutting rates was never a question of whether, but when. It was clear that post-BREXIT there would be pressure on the British central bank to propel the economy with monetary support. Infusing liquidity is the easiest and most impactful…