#MCExclusive ⚡️ Regarding the rising inflation, #JayanthVarma said that #inflation is not going “out of control” and that inflation can be brought down to target.
Here’s the full interview 👇
https://www.moneycontrol.com/news/business/exclusive-mine-has-been-a-lone-voice-in-mpc-but-i-have-never-felt-lonely-jayanth-varma-8538981.html?utm_source=telegram&utm_medium=social
Here’s the full interview 👇
https://www.moneycontrol.com/news/business/exclusive-mine-has-been-a-lone-voice-in-mpc-but-i-have-never-felt-lonely-jayanth-varma-8538981.html?utm_source=telegram&utm_medium=social
#MCExclusive ⚡️ #JayanthVarma has long argued and even dissented in several #MPC meetings on the continuation of the 'accommodative' stance.
In a chat with Dinesh Unnikrishnan, he spoke on a range of issues, including the unscheduled rate hike.
Read the full interview here.
In a chat with Dinesh Unnikrishnan, he spoke on a range of issues, including the unscheduled rate hike.
Read the full interview here.
Moneycontrol
Exclusive | Mine has been a lone voice in MPC, but I have never felt lonely: Jayanth Varma
In his comments in the MPC minutes, Varma had said the logic of a 40 bps rate cut was not clear to him. He says he believes a decisive rate action can subdue the unpleasant inflationary episode we are witnessing currently, and bring inflation down to target.
#JayanthVarma spoke on various crucial issues, including risks to #MPC’s credibility arising out of inaccurate policy guidance & the danger to nascent economic growth revival from consecutive back-to-back #RateHikes.
Read the interview by Dinesh Unnikrishnan 👇
https://bit.ly/3XWw2hd
Read the interview by Dinesh Unnikrishnan 👇
https://bit.ly/3XWw2hd
Moneycontrol
Jayanth Varma Exclusive Interview | Dissent is healthy; I approach MPC deliberations with a great deal of humility
India’s central bank increased the repo rate by 25 basis points to 6.50 percent earlier in February to fight persistent higher inflation. This was the sixth straight hike in 10 months.