Monetary policy has to be somewhat accommodative, since a tightening in credit will likely cause liquidity difficulties in businesses that are suffering from overcapacity.
Monetary policy has to be somewhat accommodative, since a tightening in credit will likely cause liquidity difficulties in businesses that are suffering from overcapacity.
The increasing savings show a shrinking domestic demand. That is partly due to the government's efforts to cool down the real estate industry, and people finding a narrower channel for investment.
© 2020 Inspirational Stories
© 2020 Inspirational Stories