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    HomeNewsOpinionIt is time for RBI to do nothing but say a lot on inflation

    It is time for RBI to do nothing but say a lot on inflation

    Many times, the threat of action is more potent than the action itself. For inflation expectations to be under control, markets need to believe that the central bank won’t rest until 4 percent inflation is achieved

    Aparna Iyer
    August 16, 2023 / 08:06 IST
    Projections matter but what matters more is the prose that accompanies them. So far, the RBI led by Governor Shaktikanta Das has effectively communicated its commitment to price stability by sticking to its withdrawal of accommodation stance
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