Low inflation is a major concern for the global economy: Rajan, ex-RBI chief. Raghuram Rajan, an ex-governor of India's central banks, stated that the global economy could return to low inflation and that central bankers who pursue restrictive monetary policies should be aware. Foreign Trusts Pose Headaches for US Transferors and Beneficiaries Rajan, who is now a professor of finance in the University of Chicago Booth School of Business, stated that central banks need to ask themselves whether their policies were flexible enough when inflation moved from low to high. He said Friday at a conference hosted by the Bank…