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/