Emerging market governors favour Fed policy normalisation, says MAS’ Menon


Emerging market central bank governors support efforts to normalise developed-world monetary policies, despite the stresses some have faced since the Federal Reserve signalled its desire to reserve its extraordinary policy measures in May 2013, according to Ravi Menon, managing director of the Monetary Authority of Singapore.

"Most emerging market central bank governors that I have heard, say normalisation of monetary policy is welcome," says Menon in an interview published today in Central Bank

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