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Prolonged ultra-low interest rate environment may hurt growth: Tharman

International cooperation needed to enable future growth even as governments tackle pandemic, say speakers at DBS Asian Insights Conference 2020

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Mr Tharman notes that preserving capabilities includes helping people stay in jobs or get back into work quickly.

Singapore

WHILE aggressive action by central banks is the right move in this economic crisis, a prolonged ultra-low interest rate environment might hurt growth, said Monetary Authority of Singapore chairman and Senior Minister Tharman Shanmugaratnam on Thursday.

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