‘RBI focus on core inflation confusing for markets’: Murthy Nagarajan
Murthy Nagarajan, Head of Fixed Income at Tata Asset Management, criticized the Reserve Bank of India's focus on core inflation, stating it has left markets confused. He noted that while the RBI claims to consider headline inflation, its language suggests a focus on core inflation, which may indicate a dovish stance. Nagarajan anticipates further clarity in future monetary policy decisions.