Raghuram G. Rajan is a former governor of the Reserve Bank of India and chief economist of the International Monetary Fund.
Recent developments suggest that the US Federal Reserve's bond purchases are no longer just a "monetary operation," but an essential component of the US government's fiscal financing. The sooner that the Fed and other similarly situated central banks recognise the trap they have created for themselves, the better.
Raghuram Rajan
January 12, 2026 at 1:50 PM IST
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Is ESG disclosure a political fad or a financial necessity? As global norms shift and penalties rise, what firms reveal about sustainability could directly impact their bottom lines.
November 4, 2025 at 3:45 PM IST