Negative interest rates will likely remain important, says the University of Rochester’s Professor Narayana Kocherlakota, former president and CEO of the Federal Reserve Bank of Minneapolis. But the trick will be to harness low rates to boost consumer expectations and spending.
Read the transcript
http://bit.ly/2tNP5zZ
Watch and listen to the full presentation
https://www.youtube.com/watch?v=BKnJS37KbGE&feature=youtu.be&t=2420
Read other ADBI resources
ADBI Annual Conference 2016: The Implications of Ultra-Low and Negative Interest Rates for Asia
https://www.adb.org/news/events/adbi-annual-conference-2016-implications-ultra-low-and-negative-interest-rates-asia
Monetary policy spillovers in emerging Asia
By Ansgar Belke, Irina Dubova and Ulrich Volz
https://www.asiapathways-adbi.org/2017/05/monetary-policy-spillovers-in-emerging-asia/
Ultra-low interest rates and wandering overinvestment cycles in East Asia
By Gunther Schnabl
https://www.asiapathways-adbi.org/2017/03/ultra-low-interest-rates-and-wandering-overinvestment-cycles-in-east-asia/