Exclusive | Mine has been a lone voice in MPC, but I have never felt lonely: Jayanth Varma - Moneycontrol

In his comments in the MPC minutes, Varma had said the logic of a 40 bps rate cut was not clear to him. He says he believes a decisive rate action can subdue the unpleasant inflationary episode we are witnessing currently, and bring inflation down to target.

Ever since he joined the Monetary Policy Committee (MPC), Jayanth R Varma has been a lone voice in the panel. Varma has long argued against the continuation of the so-called 'accommodative' stance a… [+4086 chars]

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