Monetary policy and central bank communication
4 March 2022 · Shaktikanta Das , Governor of the Reserve Bank of India (India)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
SD 4 Mar 2022 · Shaktikanta Das Wiki · Reserve Bank of India Wiki Monetary policy and central bank communication Context Address by Shaktikanta Das, Governor of the Reserve Bank of India, at the National Defence College, Ministry of Defence, Government of India, New Delhi, 4 March 2022.
Why it matters Das explains how communication shapes inflation expectations.
Problems raised Monetary policy needs a clear anchor. Communication shapes expectations. Public understanding of policy is limited. Solutions proposed Use CPI inflation as the nominal anchor. Communicate clearly and consistently. Explain policy to diverse audiences. Read full speech on bis.org ↗ More from Shaktikanta Das · Reserve Bank of India · all speeches
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