RBI MPC Meet: This Time Is (Slightly) Different, For India
Urjit Patel, governor of the Reserve Bank of India (RBI), center, Viral Acharya, deputy governor in charge of monetary policy, left, and Michael Patra, head of the research department at the RBI, attend a news conference in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI MPC Meet: This Time Is (Slightly) Different, For India

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The Monetary Policy Committee faces a dilemma. As a flexible inflation-targeting central bank, the committee should respond to the inflationary consequences of rupee depreciation, rather than hike ...
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