The CPI in India in November 2021 was close to 5%, while the core inflation was above 6% and WPI above 14%. Not only in India, but globally inflation is high. In the US, it is above 6%, well above their target of 2%. So, inflation is back globally for the first time in decades, but this time it could be different. What should central banks, particularly those in emerging market economies, do?
Read more at Times of India
Published: January
9, 2022