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Asean+3 central banks have space to buffer shocks – Amro report

Study says institutions are capable of more accommodative policy, should external circumstances demand it

Asean country flags

Asian central banks have the room to pursue a more accommodative monetary policy to shore up their economies in the event of any further external shocks, according to a new report by the Asean+3 Macroeconomic Research Office (Amro).

In its annual financial stability report, published today (October 9), the economic surveillance agency provides an optimistic outlook and raises its growth estimates for the economies of the Association of Southeast Asian Nations’ 10 members, plus China, Japan and

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