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Raghuram G. Rajan
By Raghuram G. Rajan - Aug 19,2023
CHICAGO — Even in the best of times, policymakers find it difficult to explain complex issues to the public.
By Raghuram G. Rajan - May 27,2023
CHICAGO — As institutional mea culpas go, the US Federal Reserve’s recent report on the events leading up to Silicon Valley Bank’s failure is surprisingly self-critical, detailed, and informative.
By Raghuram G. Rajan - Jan 25,2023
CHICAGO — The US Federal Reserve is clearly determined to bring down inflation. But no one really knows how high it will have to raise its policy interest rate, and how long it will have to keep it there, to achieve its objective.
By Raghuram G. Rajan - Nov 19,2022
CHICAGO — The deliberations at this year’s United Nations Climate Change Conference (COP27) suggest that while policymakers realise the urgency of combating climate change, they are unlikely to reach a comprehensive collective agreement to address it.
By Raghuram G. Rajan - Aug 08,2022
CHICAGO  —  Economic commentaries nowadays are typically about inflation or recession, so let’s instead consider the growth prospects once central banks get those challenges under control.As matters stand, there appear to be worrisome headwinds to growth.
By Raghuram G. Rajan - Jun 06,2022
CHICAGO  —  In an important speech to the Atlantic Council in April, US Secretary of the Treasury Janet Yellen issued a welcome call for revitalising the world economic order.
By Raghuram G. Rajan - Apr 28,2022
A well-functioning financial system is a key component of any successful economy.
By Raghuram G. Rajan - Mar 20,2022
CHICAGO  —  War is horrific, no matter how it is waged. Nevertheless, Russia’s unprovoked attack on Ukraine, with its scenes of Ukrainian civilians being murdered or driven from their homes, undoubtedly had to be opposed.
By Raghuram G. Rajan - Feb 03,2022
CHICAGO  —  Smart economic policymaking invariably requires trading off some pain today for greater future gains. But this is a difficult proposition politically, especially in democracies.
By Raghuram G. Rajan - Nov 27,2021
CHICAGO — Price increases in the United States are spreading across goods and services, and inflation also can be seen in broad-based business inputs such as transportation, energy, and increasingly labour.



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