With Consumer Inflation Falling Further In December, Are Rate Hikes Still Necessary?

U.S consumer prices fell for the first time in more than 2-1/2 years in December as gasoline and motor vehicles prices declined, offering hope that inflation was now on a sustained downward trend, though the labor market remains tight. India's inflation levels also eased in December, as per the data released by the Govt. Will inflation ease further in the coming months? To know more watch this conversation with D.K. Joshi, Chief Economist, CRISIL, Madan Sabnavis, Chief Economist, Bank of Baroda, Saugata Bhattarcharya, Chief Economist, Axis Bank