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Southeast Asia nations may soon need a ‘Plan B’ to deal with low inflation in 2020

Bloomberg Southeast Asia is set for another year of low inflation, generating difficult choices for the region’s central banks. S&P Global Ratings sees inflation remaining below central bank targets in most cases in 2020, according to Shaun Roache, S&P’s chief APAC economist in Singapore. Policy makers may soon have to think about using tools other than interest rates to achieve ...

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Indians google ‘Operation Twist’ after RBI decision

Bloomberg Google searches for “Operation Twist” surged in India after the central bank announced its version of the US Federal Reserve’s unconventional monetary policy. Most searches for the term came from Maharashtra, the state that’s home to the financial hub Mumbai, and could climb through the day. The benchmark 10-year yield plunged following the RBIs announcement.

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Japan’s record $939bn budget does little to rein in debt

Bloomberg Japan’s cabinet approved a record budget for next fiscal year, with social security costs pushing up the bill for a government already struggling to rein in the developed world’s biggest public debt load. Spending by the Japanese government will increase by about 1.2% to 102.7 trillion yen ( in the year starting April, the Finance Ministry confirmed. Outlays on ...

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