India's departing central banker offers a fresh warning
Raghuram Rajan says low interest rates globally could distort markets and would be difficult to abandon
Tue, Sep 06, 2016 - 5:50 AM
THREE years before the 2008 global financial crisis, an Indian economist named Raghuram Rajan presciently warned a sceptical audience of top economic thinkers that excessive risk threatened the entire global financial system.
As Mr Rajan stepped down on Sunday as India's top...