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Prof JR Varma on RBI’s May-2022 meeting
Ever since RBI increased policy repo rate by 40 bps in May which was a meeting outside of MPC calendar, two questions have been asked: Why increase policy rates in May when you did not increase policy...
View ArticleMonetary policy and inflation in times of war (and How Eli Heckscher caused a...
Riksbank Deputy Governor Henry Ohlsson in this speech discusses inflation in Sweden in 4 wars: WWI, WWII, Korean War in 1960s and Middle East War in 1970s. Inflation rose in all the four wars but...
View ArticleRBI to transfer ₹30,307 crore surplus to government for 2021-22
From RBI’s press release: The Board in its meeting reviewed the current economic situation, global and domestic challenges and the impact of recent geopolitical developments. The Board also discussed...
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