“The Fed would like to see either a substantial fall in inflation, but also, the problem is the labor market is hot,” Rajan, who is a well known commentator on the global economy, said Wednesday. “The Fed may think if rates are not doing damage, why worry.”
India beats a hasty retreat from a crucial market reform
India’s market-closing auction reform, designed by Sebi to curb price manipulation, has faced volatility and investor backlash within weeks. The regulator may weaken or abandon
September 14, 2026