Quick Summary
Today the Reserve Bank of India placed on its website a Working Paper titled Monetary Policy Transparency and Anchoring of Inflation Expectations in India under the Reserve Bank of India Working Paper Series.*The Paper is authored by G.P. Samanta and Shweta Kumari. This paper constructs an in
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The paper focuses on monetary policy transparency in India and its role in anchoring inflation expectations.
The paper was authored by G.P. Samanta and Shweta Kumari.
Yes, empirical results show a substantial increase in policy transparency since the adoption of Flexible Inflation Targeting (FIT) in 2016.
Empirical evidence suggests that inflation expectations of professional forecasters and households were anchored in a weak form during the post-FIT period, though household expectations sometimes exceeded the tolerance band.
During the transition period, both realised inflation and expectations declined, showing a positive association between them.
CAclubindia
