“We pay attention to what the Fed is doing, but it isn’t the central issue we focus on,” said Rajan on Indian Economy. “The January 2016 target of 6% inflation is likely to be achieved”, he added.
The FY16 real #GDP growth estimate has been fixed to 7.4%. “The RBI will issue final guidelines on base rate computation by November-end. Policy goals must be steady and predictable, the intent is to work together and move forward,” said Raghuram Rajan.