Monetary policy committee should match its words and actions

External member Varma believes that a real policy rate of 1-1.5% is sufficient to glide inflation to the target. The current real rate of around 2% risks an unwarranted growth sacrifice.

Related Keywords

, Jayanth Varma , Reserve Bank Of India , Economy , Gross Domestic Product , Rbi , Mpc , Monetary Policy Committee , Inflation , Monetary Tightening , Monetary Policy , Repo Rates ,