New MPC’s unambiguous messaging on inflation should help buyers of government bonds take the risk | The Indian Express

New MPC’s unambiguous messaging on inflation should help buyers of government bonds take the risk | The Indian Express

New MPC’s unambiguous messaging on inflation should help buyers of government bonds take the risk

OCTOBER 12, 2020 8:53:54 AM

The economic scars of the last six months are likely to take time to heal, the financial system still needs a major overhaul, and the only permanent solution to the large BoP surplus is stronger domestic demand, which will take time, and is best achieved through a well-designed fiscal stimulus.