Finance › Speeches › Shaktikanta Das

Balancing inflation and growth - the cardinal principle of monetary policy

· 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, climate, energy and nature, public finances and debt

SD
· Shaktikanta Das Wiki · Reserve Bank of India WikiBalancing inflation and growth - the cardinal principle of monetary policy

ContextAddress by Shaktikanta Das, Governor of the Reserve Bank of India, at the High-Level Policy Conference of Central Banks from the Global South "Building Synergies", organised by the Reserve Bank of India as a part of commemoration of its 90th year, Mumbai, 21 November 2024.

Why it mattersIndia's governor presents balancing inflation and growth as the core principle for Global South central banks.

Problems raised
  1. The world faced multiple crises.
  2. Debt sustainability is a challenge.
  3. Climate change has visible impacts.
Solutions proposed
  1. Balance inflation and growth.
  2. Build synergies among Global South central banks.
  3. Share policy experience.
Read full speech on bis.org ↗

More from Shaktikanta Das · Reserve Bank of India · all speeches

More speeches by Shaktikanta Das

Other leaders on monetary policy and interest rates