Monetary policy-making is often like flying blind: RBIs Patra

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RBI deputy governor Patra said that the choice of policy action is ultimately a trade-off between the desirable and the feasible and the policy making eventually rests on a judgment call based on information, experience, and a ‘feel’ or a ‘sniff’ of how the state of the economy is likely to evolve over the future.

from Stocks-Markets-Economic Times https://ift.tt/cAjnZi4

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