Raghuram Rajan Urges US Fed To Raise Interest Rates To Tackle Persistent Inflation
Former Reserve Bank of India Governor Raghuram Rajan has called for a more aggressive interest-rate approach from the US Federal Reserve, saying policymakers should raise rates to prevent elevated inflation from becoming entrenched. Speaking to Bloomberg Television on the sidelines of the annual Jackson Hole gathering of central bankers, Rajan said he would adopt a more hawkish stance than the…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
