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Former Reserve Bank of India Governor Rajan: The Federal Reserve Should Hike Rates to Curb Accelerating Inflation
Former Reserve Bank of India Governor Raghuram Rajan said the Federal Reserve should raise interest rates to curb accelerating inflation. Rajan, who is also a member of a task force reviewing the Federal Reserve, believes that current financial conditions in the US are not restrictive. He made these remarks in an interview with Bloomberg in Jackson Hole, Wyoming.
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