Negative interest rates to remain important. Narayana Kocherlakota, former Minneapolis Fed CEO

Asia's Developing Future

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/