Markets were looking for a correction trigger – RBI’s Rajan

FXStreet (Mumbai) - The Reserve Bank of India (RBI) governor Rajan, while speaking at Davos, said the market were looking for a correction trigger and China and oil became the trigger.

Key Quotes

Monetary stimulus has run its course

Developed markets need to look at structural reforms

We don't seem to have succeeded through really low rates

China is not falling off a cliff