RBI's Rajan Needs to Be `Very Bold,' Kroszner Says

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Sept. 5 (Bloomberg) -- Randall Kroszner, former Federal Reserve Governor and now professor at University of Chicago Booth School, talks about Raghuram Rajan, the new governor of the Reserve Bank of India, the nation's economy and monetary policy. Rajan said containing inflation expectations is the RBI’s key goal, as the country grapples with a plunging currency and weakening economic growth. Kroszner, who also discusses Fed policy, speaks from Chicago with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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