They could be useful in brand building efforts, or perhaps, in our financial inclusion initiatives. It is, definitely, an avenue that could be explored. Is it the right time? Definitely yes. Believe me, the time is now! In fact, we are already behind the clock.
Many believe that there is an unemployment rate, the non-accelerating inflation rate of unemployment (the “NAIRU”), that would be consistent with a stable inflation rate, once other short-run influences on inflation dissipate. To these economists, inflationary pressures tend to increase when unemployment remains below the NAIRU and tend to decrease when unemployment stays above the NAIRU.