Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Asian Central Banks Tinker With Policy Transmission To Rev Up Growth

Recommended Posts

http://uk.reuters.com/article/uk-asia-cenbanks-transmission-idUKKCN0XQ0OE

Central banks in Asia's emerging markets are introducing new policy tools to get lenders to cut borrowing costs and move credit more quickly through their slowing economies.

Analysts say the recent moves by countries like India, Indonesia and the Philippines will help short-term market rates more closely reflect changes in benchmark policy rates, although desired results may not come as fast as some would like.

"The changes in the Philippines, Indonesia and India are all aimed in the same direction: making monetary transmission stronger," said Vaninder Singh, Asia economist at RBS in Singapore.

"This, in my view, is a good development as it helps improve the monetary infrastructure within Asia."

Importantly, these steps also help reduce the need for central banks to deploy unconventional and controversial policies, such as quantitative easing or negative rates.

Ah yes getting credit flowing more quickly.... what could possible go wrong, I'm sure they'll avoid the unconventional measures!!!!

Share this post


Link to post
Share on other sites

It might just be allowing credit where it wasn't before, the Philippines is strongly Catholic and anti-debt, India is undergoing rapid transformation, Indonesia will need Islamic Sharia debt for its population, all of them have a huge population bulge their economies aren't equipped to deal with...

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Next General Election   94 members have voted

    1. 1. When do you predict the next general election will be held?


      • 2019
      • 2020
      • 2021
      • 2022

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.