Could Raghuram Rajan help the US central bank get a grip on its balance sheet policy?
· livemint.com
All eyes should be on the Fed’s task-force that has India’s former RBI governor as a co-leader. Not only do Rajan’s writings suggest how valuably he could contribute, the US central bank policy under review is of high global importance.
Of the five review panels set up by Fed Chair Kevin Warsh, this one may prove the most significant. After all, it goes to the core of the US central bank’s ro...