Tag: Monetary

Monetary policy can’t solve structural problems, it can only address cyclical shocks: Viral Acharya

By

The problems of too much capital in the economy and high real interest rates despite a lower inflation numbers were in focus during a panel discussion on monetary policy during ETMarkets Global Summit in Mumbai. Former Deputy Governor of RBI, Viral Acharya said that financial stability was a pre-requisite for money policy to get transmitted…