Should India be able to decouple itself from US Subprime Impact?

Saturday, September 15, 2007

RBI says policy measures on inflation showing results

MUMBAI: The monetary policy measures taken by the Reserve Bank have kept inflation expectations down, which contributed to corporate performance, a senior apex bank official said on Friday.
"Monetary policy changes... reforms... in terms of instruments and also the use of some pre-emptive monetary policy measures as and when necessary... does seem to indicate that inflation has come down and more importantly, inflation expectations have come down and seem to remain well-anchored," RBI Deputy Governor Rakesh Mohan said.

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