With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
The lack of coherence between the fiscal and monetary policy stances will make the monetary policy less effective in controlling inflation.
The reality is that using only the exchange rates without interest rate action will deepen the crisis.
People’s purchasing power is a key indicator of a country’s economic well-being, which gets eroded by high inflation.
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
The lack of coherence between the fiscal and monetary policy stances will make the monetary policy less effective in controlling inflation.
The reality is that using only the exchange rates without interest rate action will deepen the crisis.
People’s purchasing power is a key indicator of a country’s economic well-being, which gets eroded by high inflation.
