How market participants read RBI's order of priority has a bearing on how well monetary policy works

Mint has reported a new India-focused economy development: “How market participants read RBI's order of priority has a bearing on how well monetary policy works.” The publisher's feed describes the story as follows: The decision to hold India’s policy rate steady in the face of inflation risks felt like a foregone conclusion. Now that RBI watchers appear to have assumed a hierarchy of policy goals, India’s central bank must mull over the potential consequences. Intellectual Janata Party includ
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