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'Control inflation, stop defending ₹100 to dollar': ISB professor to policymakers as WPI hits 11.39%
Source: Business Today · 3 hr ago
Summary
A professor from the Indian School of Business warned that policymakers need to act quickly to curb rising inflation and stop defending the rupee at a 100‑to‑dollar level, noting that the wholesale price index has risen to 11.39%. He said there is still a limited window before higher inflation becomes firmly embedded in expectations. The professor urged immediate measures to bring price pressures under control.
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From the original report
I still believe we have a window before higher inflation becomes entrenched in expectations, says Prasanna Tantri
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