100 Quotes by Raghuram Rajan

People associate inflation targeting somewhat wrongly with rigidity. His theme as an academic was how to depersonalize this whole process.

People associate inflation targeting somewhat wrongly with rigidity,

Some revenue-raising measures had to be considered after Hurricane Katrina ... but we believe some of those measures are optimistic.

Oil price increases are thus unlikely to be benign going forward.

Oil is affecting inflation; it is slowly creeping up in the United States and we're seeing rising producer prices,

Oil and other commodity prices are going to have some effect over time.

A number of developments concern us. These include the excessive dependence of global demand on consumption, especially in the US, the elevated level of asset prices, particularly housing and the high and volatile price of oil. The downside risks to our forecast have thus increased.

As a result, the oil price-induced imbalances are likely to be with us for some time.

It's in the world's interests that India develop its nuclear power. To the extent that nuclear power has become safer over time, it is in India's interests to use this source.