Inflation targeting Subject :Economy Context: According to the RBI the latest and first report of target breach is “privileged communication” the central bank will not make it public. Details: If the RBI does not make the report public, the government may like to do so for stakeholders to form rational expectations. Concept: Flexible inflation […]

    Inflation targeting Subject: Economy Section: Monetary Policy Context: The world economy is currently passing through a growth-inflation configuration. The downside risks to growth have been accentuated globally for multiple reasons — low investments, high input costs, productivity slowdown, Ukraine crisis and related supply chain disruption, higher inflation due to ultra loose monetary policy […]

    INFLATION TARGETING Subject : Economics Context : India expected to retain current inflation targeting framework: Moody’s Analytics. Concept : Stressing that India’s retail inflation has been breaching the Reserve Bank of India’s (RBI’s) 4% inflation target for the past eight months, the financial intelligence firm said India and Philippines are the two notable […]