Authors:

  • Gita Gopinath

Excerpt

RBI's job is to make sure growth doesn't suffer: Gopinath. Gita Gopinath, December 21, 2013, Opinion. "It would be safe to say the Reserve Bank governor Raghuram Rajan surprised most by not hiking rates. Gita Gopinath, Professor-Economics at Harvard University, who got her PhD from the University of Princeton, agrees it was a surprise, but is quick to add that monetary policy works with a lag. She says it is RBI’s job to make sure that growth does not suffer either, in a bid to curb inflation. Also the governor has made it clear that if inflation doesn’t cool by January then he will perhaps hike..." Link