{"id":36220,"date":"2018-11-02T11:11:32","date_gmt":"2018-11-02T05:41:32","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=36220"},"modified":"2018-11-02T11:11:32","modified_gmt":"2018-11-02T05:41:32","slug":"inflation-conundrum","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/inflation-conundrum\/","title":{"rendered":"Inflation conundrum:\u00a0"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-opinion\/inflation-conundrum\/article19274066.ece\">Inflation conundrum<\/a><\/strong><span style=\"font-weight: 400;\"><strong>:<\/strong>\u00a0<\/span><\/p>\n<hr \/>\n<p><b>Confusion with Inflation<\/b><\/p>\n<p><b>Context:<\/b><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">The latest Consumer Price Index data shows headline that retail inflation has decelerated to a record low of 1.54% in June, 2017.<\/span><\/li>\n<\/ul>\n<p><b><i>The difficulty:<\/i><\/b><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">The reading has slid below the 2% lower bound of the Reserve Bank of India\u2019s medium-term target for CPI inflation has understandably led to calls for the RBI to support economic growth by cutting interest rates. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Core inflation, which strips out the relatively volatile food and fuel prices, has also trended lower and eased below 4% for the first time in at least five years.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Economists have openly questioned the assumptions made by the majority of the members of the RBI\u2019s Monetary Policy Committee with regard to prices and have urged a reboot of the policy rationale. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">They have also flagged concerns about \u201cdeflationary trends\u201d and the risks of relying too heavily on forecasting models. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Fiscally expansive measures taken by several State governments to address farmers\u2019 demands for debt relief could pose a \u201ctail risk\u201d by triggering generalised inflation over time.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Inflation conundrum:\u00a0 Confusion with Inflation Context: The latest Consumer Price Index data shows headline that retail inflation has decelerated to a record low of 1.54% in June, 2017. The difficulty: The reading has slid below the 2% lower bound of the Reserve Bank of India\u2019s medium-term target for CPI inflation has understandably led to calls&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/inflation-conundrum\/\">Continue reading <span class=\"screen-reader-text\">Inflation conundrum:\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-36220","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700772700,"cached_date":1704915119},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/36220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=36220"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/36220\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=36220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=36220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=36220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}