RBI may need a revised strategy to anchor inflation expectations - Prof. Vidya Mahambare writes for LiveMint

The article highlights that Indian households expect domestic retail inflation to continue rising, as per RBI’s latest bi-monthly Households’ Inflation Expectation Survey. The median household inflation expectation for September 2023 is now 11%. The pattern so far of household inflation expectations calls for a rethink of RBI’s communication strategy vis-a-vis the general public.