View: Dividing central bankers into hawks and doves misses the big picture

Last week, the Reserve Bank continued to hold rates steady, as it has since mid-2020. When Modi’s government replaced half of the six-member panel in October, the lineup was widely judged to be more dovish. This was supposed to be a new-look committee, one that was sympathetic to easing. It hasn’t worked out that way.

from News-Economic Times https://ift.tt/3q3jsNe