"Raghuram Govind Rajan "() (); (born 3 February 1963) is the current and the 23rd Governor of the Reserve Bank of India, having taken charge of India's central banking institution on 4 September 2013, and succeeding Duvvuri Subbarao. Rajan was Chief Economic Adviser to the Government of India/chief economic adviser to India's Ministry of Finance (India)/Ministry of Finance during the previous year and chief economist at the International Monetary Fund from 2003 to 2007. He is on leave of absence as a professor of finance at the University of Chicago Booth School of Business/graduate business school at the University of Chicago.

More Raghuram Rajan on Wikipedia.

If the economy turns down we may have more severe credit problems.

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Oil is affecting inflation; it is slowly creeping up in the United States and we're seeing rising producer prices.

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The world economy has proved tremendously resilient over the last few years.

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Europe's citizens do not seem convinced that the bitter medicine of continued structural reforms will cure the stasis that afflicts much of the Continent. It is a failure of politics that people have not come to see that the more they want to retain the attractive European way of life, the more the way they work will have to change.

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It is always a concern when an important institution like the Bank of Italy comes under some uncertainty.

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The Fed will be watchful and will likely continue the process of increasing interest rates in the near term.

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We are getting more and more into supply-driven price increases which are going to be more constraining for growth going forward. We are at a point where further substantial increases will start mattering far more.

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People associate inflation targeting somewhat wrongly with rigidity.

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Higher oil prices are a clear and present danger.

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