'Central Banks Must Start to Move': Raghuram Rajan Int.

'Central Banks Must Start to Move': Raghuram Rajan Int.
(Brendan Smialowski/Pool via AP)
Raghuram Rajan, Professor of Finance at the University of Chicago and former Governor of the Reserve Bank of India, believes the risk of persistently high inflation is significant. He warns that financial markets are underestimating the possibility of a substantial rise in interest rates.
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