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    HomeNewsOpinionRBI’s fine dance between monetary apostasy and decoupled myth-making

    RBI’s fine dance between monetary apostasy and decoupled myth-making

    It is strange that the RBI Bulletin’s state of the economy report talks of decoupling when history has proved it to be a chimera and when another article in the same bulletin shows that monetary policy by the US Federal Reserve Bank is proved to have a strong impact on India’s business cycle

    Rajrishi Singhal
    February 22, 2023 / 10:22 IST
    RBI’s fine dance between monetary apostasy and decoupled myth-making

    The central bank’s bulletin for February 2023 – especially the chapter 'State of the Economy' -- is replete with contradictions, struggling to construct a sunny disposition even while reporting slightly gloomy news (Representative Image)

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