Sentences with phrase «asian central bank official»

At last month's Seoul summit of the G20 — or the G19 +1, as one senior Asian central bank official recently dubbed it — the US was isolated from the other world economic powers by the Federal Reserve's decision to print hundreds of billions of dollars to boost the struggling US economy.

Not exact matches

Among the explanations that have been put forward are the increased credibility of central banks in controlling inflation (inflation rates remain below 3 per cent across the developed world), the low level of official interest rates in the major economies reflecting low inflation and the continuing weakness in some economies, a glut of savings on world markets particularly sourced from the Asian region, and changes to pension fund rules in some countries which are seen as biasing investments away from equities towards bonds.

Asian central banks have generally held official interest rates steady over the past three months, at low levels.