Listen to Urjit Patel as ignoring CPI inflation and delayed rate hikes have cost us dear - Page2 - The Economic Times
Interest rates minus CPI Inflation rates should be positive.Which means that Real Interest rates i.e Interest rates minus CPI Inflation should be positive.
More positive they are ,stronger is the resilience of that countries economy.A more positive Real Interest rates reflects the inherent strength / competitiveness of that country's economy/industry.
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