The story behind Raghuram Rajan's most embarrassingly famous newspaper headline

I understood what the reporter was asking, but I wanted to push back on the attempts to pigeonhole me into existing stereotypes, said Raghuram Rajan.

The story behind Raghuram Rajan's most embarrassingly famous newspaper headline
The title of the book 'I Do What I do' reflects the serendipitous nature of public life...

As one press conference was ending, I was asked whether I was dovish like Yellen or hawkish like Volcker.

I understood what the reporter was asking, but I wanted to push back on the attempts to pigeonhole me into existing stereotypes. Somewhat jokingly, I started in a James Bond-ish vein, `My name is Raghuram Rajan... ' To my horror, mid-sentence I realised I did not know how to end in a way that did not reveal more on monetary policy than I intended.

So with TV cameras trained on me, I ended lamely '...and I do what I do'. For some reason, the sentence became the financial press headline the next day, with the details of our monetary policy relegated to the inside columns. The commentary on social media even reached my usually supportive daughter, who emphasized her negative reaction to my unwitting sentence with repeated thumbs-down emojis!

--From Raghuram Rajan's book 'I Do What I Do'
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