Ben Bernanke's exchange with Raghuram Rajan

Ben Bernanke, who recently stepped down after an eventful eight-year term as chairperson of the US Federal Reserve Board, was in Mumbai last Tuesday. Among other things, he spoke about the impact that US monetary actions might have had on the rest of the world and, in this context, indicated that there was ongoing dialogue between central bankers from around the world in multiple fora.

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