business

Be sensitive to emerging market climate: Rajan to Fed & Co

In an exclusive interview to CNBC, RBI governor Raghuram Rajan said global central banks need to recognise the spillover effects their monetary polices have on emerging markets. On the issue of inflation, which both the government and RBI continue to grapple with, Rajan said setting a target was the responsibility of the government.

first published: Feb 24, 2014 02:24 pm