Raghuram Rajan says monetary stimulus may backfire, provoke forex savings – Economic Times
Economic Times |
Raghuram Rajan says monetary stimulus may backfire, provoke forex savings
Economic Times BOSTON: Aggressive monetary policy by developed economies may hurt global growth by pushing emerging markets to pile up foreign-exchange reserves instead of spending, Reserve Bank of India governor Raghuram Rajan said. Rajan, a regular critic of … |
