Ex-RBI Chief Rajan Says Fed Should Raise Rates
Former RBI Governor Raghuram Rajan has called on the US Federal Reserve to raise interest rates as a measure to combat accelerating inflation. Speaking from Jackson Hole, Wyoming, Rajan argued that current financial conditions remain insufficiently restrictive despite previous rate increases.
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Ex-RBI Chief Rajan Says Fed Should Raise Rates
Former RBI Governor Raghuram Rajan has advocated for the US Federal Reserve to increase interest rates as a measure to combat rising inflation. Speaking from Jackson Hole, Wyoming, Rajan—who serves on a task force examining the Fed—argues that current financial conditions are not sufficiently restrictive to control price pressures.
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