Check out what 'angry man' RBI guv Raghuram Rajan said to rich world

Fri Apr 11 2014, 14:14 hrs
RBI Governor Raghuram Rajan today flayed easy monetary policy of central banks in advanced economies, saying it is "more cause than medicine", in his address to Brookings Institution. Context: India had suffered a great deal in aftermath of the US Fed's commentary over withdrawing stimulus, which caused Indian rupee to  plunge to life-time low of 68-level. (Reuters)
RBI Governor Raghuram Rajan today flayed easy monetary policy of central banks in advanced economies, saying it is "more cause than medicine", in his address to Brookings Institution. Context: India had suffered a great deal in aftermath of the US Fed's commentary over withdrawing stimulus, which caused Indian rupee to plunge to life-time low of 68-level. (Reuters)
Raghuram Rajan: A first step to prescribing the right medicine is to recognise the cause of the sickness. Extreme monetary easing, in my view, is more cause than medicine (Reuters)
Raghuram Rajan: A first step to prescribing the right medicine is to recognise the cause of the sickness. Extreme monetary easing, in my view, is more cause than medicine (Reuters)
Raghuram Rajan: The staff at multilateral institutions is excellent, but political pressure operates. Even if multilateral organizations become immune to power politics, they are not immune to cognitive capture (Reuters)
Raghuram Rajan: The staff at multilateral institutions is excellent, but political pressure operates. Even if multilateral organizations become immune to power politics, they are not immune to cognitive capture (Reuters)
Raghuram Rajan: Advanced economies and emerging economies need to adapt, else I fear we are about to embark on the next leg of a wearisome cycle (Reuters)
Raghuram Rajan: Advanced economies and emerging economies need to adapt, else I fear we are about to embark on the next leg of a wearisome cycle (Reuters)
Raghuram Rajan: IMF continues to endorse unconventional monetary policies while downplaying the adverse spillover effects (Reuters)
Raghuram Rajan: IMF continues to endorse unconventional monetary policies while downplaying the adverse spillover effects (Reuters)
Raghuram Rajan: I use terminology reminiscent of Depression era non-system as I fear that in a world with weak demand, we may be engaged in a futile competition for a greater share of it (Reuters)
Raghuram Rajan: I use terminology reminiscent of Depression era non-system as I fear that in a world with weak demand, we may be engaged in a futile competition for a greater share of it (Reuters)
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...