[Economy] RBI Urjit Patel Committee: 4% CPI, Nominal Anchor, Multiple Indicator, Monetary Policy Framework Reforms (Part 1 of 2)
Prologue Monetary Policy reform: Where to focus? #1: Focus on Exchange rate #2: Focus on Multiple indicators #3: focus on inflation Nominal anchor (CPI) method: Benefits/Advantages of Nominal anchor (CPI) method: Drawbacks/Limitations/Anti-arguments Why Target inflation? Nominal vs Real interest [...]
