Fed shouldn't encourage more spending with rate cuts, warns Raghuram Rajan

Top Post Ad

Raghuram Rajan cautions against the Federal Reserve promising rate cuts that could spur excessive spending. With the U.S. facing economic uncertainty and weaker job reports, Rajan emphasises the need for the Fed to avoid moves that might destabilise the economy and encourage imprudent consumer behavior.

from Video News in CNBCTV18, Video Latest News, Video News https://ift.tt/FDLzpue