A formal inflation target & a return to fiscal rules are a must for India

A formal inflation target & a return to fiscal rules are a must for India
By Tushar Poddar, Economist, Goldman Sachs India. MUMBAI: While demands have risen recently from the private sector and the government for the RBI to ease monetary policy and support growth, India's biggest macro challenge in recent years has been …
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Brazil Inflation Converging to Target in 2013, Tombini Says
Brazil's central bank President Alexandre Tombini said inflation will converge to the bank's 4.5 percent target in the third quarter of 2013 even as new data showed the pace slowing less than expected. Inflation remains “under control” and falling …
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