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Inflation target should align with advanced economy average of 2%: Patra

1 source · first seen 23:36 2 Oct · updated 23:36 2 Oct

The brief

Written from 1 report · check the source before you trade
  • Patra says India’s inflation target should align with the advanced-economy average of 2%
  • He says anti-inflationary monetary policy makes the biggest contribution to growth
  • A 2% target could affect RBI rate policy and Indian banks, lenders and rate-sensitive stocks

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1 report · earliest 23:36
Business StandardInflation target should align with advanced economy average of 2%: Patra23:36