gold jewelry wire wholesale What is the goal of Indian monetary policy

wholesale owl jewelry Facing the dual challenges of economic low -speed growth and high inflation operation, Indian monetary policy is facing dilemma, and fiscal policy is too high due to the high level of deficit, which is very limited to further stimulate the economy. In order to curb the rise in inflation, the Indian central bank has opened the interest rate hike channel in early 2010. So far, the repurchase interest rate and reverse repurchase interest rate have risen to a historical high, with 8.5%and 7.5%, respectively. At present, the Central Bank of India's monetary policy is facing a double challenge: India's inflation level remains high, which is comparable to the 2008 financial crisis, but the degree of economic deterioration has approached the 2008 financial crisis. With the decline in the global economic growth and the increasingly turbulent financial market, the policy goals of many emerging market countries have shifted from inflation to promoting growth (the level of inflation has declined), while India has stimulated economic development to relax monetary policy under high inflation pressure to stimulate economic development. The mouse taboo, so it still maintains the original monetary policy so far.