You are here

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

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


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.

More international...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to