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Letter "R" » Raghuram Rajan Quotes


«The U.S. and China are running on processes which in the long run are unsustainable. Oil prices are proving an increasing strain on growth.»
«People associate inflation targeting somewhat wrongly with rigidity,»
«Higher oil prices are a clear and present danger.»
«Oil is affecting inflation; it is slowly creeping up in the United States and we're seeing rising producer prices,»
«The Fed will be watchful and will likely continue the process of increasing interest rates in the near term.»
«We are getting more and more into supply-driven price increases which are going to be more constraining for growth going forward. We are at a point where further substantial increases will start mattering far more.»
«Europe's citizens do not seem convinced that the bitter medicine of continued structural reforms will cure the stasis that afflicts much of the Continent. It is a failure of politics that people have not come to see that the more they want to retain the attractive European way of life, the more the way they work will have to change.»
«It is always a concern when an important institution like the Bank of Italy comes under some uncertainty.»
«If the economy turns down we may have more severe credit problems.»
«The world economy has proved tremendously resilient over the last few years.»

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