Don't inflate inflation expectations

The whole country is indulged in self-flagellation on inflation. Politicians too never miss an opportunity to fish for votes - normally dovish but now prodding the Reserve Bank of India ( RBI )) to tighten further . As a hawk who had advocated hikes in late 2009, in the face of 3.25% rates which stayed till March 2010, I feel the national mourning might be unproductive.

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