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Political economy a reality for central bankers: Raghuram Rajan

Last Updated: Sunday, August 30, 2015, 15:19

At this year's symposium, which ended last night, Rajan said when it comes to the modern central banks' focus on targeting inflation, it is the "history and political economy" that determines which side of the inflation band needs to be emphasised.

Political economy a reality for central bankers: RBI's Rajan

Last Updated: Sunday, August 30, 2015, 15:19

At this year's symposium, which ended last night, Rajan said when it comes to the modern central banks' focus on targeting inflation, it is the "history and political economy" that determines which side of the inflation band needs to be emphasised.