Ex-RBI Chief Rajan Says Fed Should Raise Rates to Curb Inflation

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world The Federal Reserve should raise interest rates to contain accelerating inflation, said Raghuram Rajan , a former Reserve Bank of India governor now serving on a task force set up to examine the US central bank. “The Fed should be raising rates or should have raised rates already,” Rajan told Bloomberg Television’s Haslinda Amin from Jackson Hole, Wyoming, where he is attending the annual conference of central bankers and other senior officials. “I would be more hawkish than where the Fed is right now.”.

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