Fed & flows, not inflation, may be at the heart of MPC debate | Economic Times

Fed & flows, not inflation, may be at the heart of MPC debate https://ift.tt/e1ThHZt Reserve Bank of India's slower interest rate increase of 50 basis points compared with the US Federal Reserve's 75 basis points was guided by the inflation target and actual inflation as well as the need to nurture the economic recovery. A basis point is 0.01 percentage point.