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(Click for frequent words.) 78 inflationary pressures 75 inflationary pressure 73 inflation 73 inflation pressures 70 inflationary 65 disinflation 64 Inflationary expectations 63 inflationary impulses 63 Inflationary pressures 62 monetary tightening 62 monetary policy 62 disinflationary pressures 62 inflationary tendencies 61 tighter monetary 61 expansionary monetary policy 60 tightening monetary 60 stoking inflationary pressures 60 deflationary pressures 60 interest rates 59 inflationary spiral 59 tighten monetary 59 deflation 59 disinflationary 59 Inflationary pressure 58 anchoring inflationary 58 deflationary tendencies 58 Inflation 57 infl ation 57 WPI inflation 57 deflationary 56 monetary aggregates 56 contractionary 55 Headline inflation 55 Mr Koukoulas 55 asset bubbles 55 disinflationary trend 55 accommodative monetary policy 55 CPIX inflation 55 tame inflation 55 taming inflation 55 forex inflows 54 dampen inflationary pressures 54 QE quantitative easing 54 CRR hike 54 RRR hikes 54 monetary easing 54 capital inflows 54 monetary tightening cycle 53 accommodative stance 53 accommodative 53 Dr Bollard 53 accommodative monetary stance 53 Ms Beacher 53 stimulative monetary policy 53 external imbalances 53 deflationary cycle 53 inflation outturns 53 governor Yaga Venugopal 53 Crisil Principal 53 tightening bias 52 RBA 52 accomodative 52 Ms Deda 52 tightening cycle 52 accommodative monetary policies 52 expansionary monetary 52 expansionary stance 52 risk premia 52 monetary tightenings 52 incipient inflationary pressures 52 Downside risks 52 expansionary monetary policies 52 Mr Redican 52 downside risks 52 Gokarn 52 expansionary fiscal 52 forint weakening 52 borrowing costs 52 Reserve Bank 52 central bank 51 expansionary 51 CRR hikes 51 dampen inflationary 51 Mr de Garis 51 Inflationary 51 Ms Kevans 51 gradual ebbing 51 #bps hike 51 normalize monetary 51 NGDP 51 RBNZ 51 tradeables sector 51 Mr Hanlan 51 Henrik Gullberg 51 macroeconomic imbalances 51 Dr Atchana 51 quickening inflation 51 core PCE inflation 51 Dr Tsiaplias 51 contractionary monetary policy 50 Deflationary pressures 50 Kocherlakota 50 asset reflation 50 Brait economist Colen Garrow 50 BoE Sentance 50 rate hikes 50 undesirably low 50 gradual monetary tightening 50 Dr Ironmonger 50 CPI 50 macro prudential measures 50 renminbi appreciation 50 Governor Duvvuri Subbarao 50 deflationary spiral 50 wage bargainers 50 commodity prices 50 infla tion 50 non tradeables 50 Economist DK Joshi 50 FOMC 50 DK Joshi principal 50 Ms Ong 50 accommodative monetary 50 CommSec economist Savanth Sebastian 50 Bank Negara Malaysia BNM 50 repo rate 50 mildly restrictive 49 ZIRP zero 49 Inflation Gauge 49 Wasilewska Trenkner 49 Prior Wandesforde 49 Monetary Policy Rate 49 central bankers 49 Karvalits 49 Governor Yaga Venugopal Reddy 49 Nick Tuffley 49 Tighter monetary 49 RRR hike 49 Monetary Policy 49 stoke inflation 49 Eaqub 49 stimulative monetary 49 Battellino 49 dovish FOMC 49 tightenings 49 Allan Bollard 49 BoE Besley 49 Governor Amando Tetangco 49 macroeconomic stability 49 inflation undershooting 49 looser monetary 49 goldilocks economy 49 contractionary monetary 49 S.Africa c.bank 49 Anubhuti Sahay 49 ECB hawkishness 49 pernicious downward spiral 49 Governor Ian Macfarlane 48 Inflation Expectations 48 macroeconomic 48 dovish stance 48 disinflationary forces 48 Economic Advisor Kaushik 48 Ms Polygenis 48 ultra accommodative monetary 48 remain imperfectly anchored 48 Plosser 48 structural rigidities 48 governor D. Subbarao 48 Mr Battellino 48 hiked CRR 48 ZIRP 48 structural imbalances 48 macro economic 48 Prakriti Sofat 48 bond yields 48 RBNZ Governor 48 stoke inflationary 48 Schoefisch 48 Milan Khatri 48 speculative fervor 48 Mr Dinte 48 exogenous factors 48 speculative inflows 48 Jarrod Kerr 48 expansionary macroeconomic policy 47 Bollard 47 Mr Barbetti 47 Takeshi Minami 47 Sheng Laiyun spokesman 47 non tradables 47 Disinflation 47 Wattret 47 HIGHLIGHTS BOJ Shirakawa 47 Rupee appreciation 47 macroeconomy 47 hawkish rhetoric 47 deflationary downward spiral 47 Macroeconomic 47 reflationary 47 incipient recovery 47 inflation quickened 47 QE3 47 Hugo Pienaar 47 interestrates 47 Monetary Policy Committee 47 stagflation 47 Dr Edey 47 FII flows 47 Yasuhiro Onakado chief 47 macro prudential 47 Gilt yields 47 India Governor Yaga 47 easings 47 Subbarao 47 Dariusz Filar 47 Riksbank 47 gradualist approach 47 RMB revaluation 47 BoE QE 47 risk aversion 47 appreciable downside 47 Governor Bimal Jalan 47 core PCE deflator 47 BoJ 47 Eibor 47 expansionary policies 47 Stanlib economist Kevin Lings 46 economist Vicky Redwood 46 Fed 46 Singdollar 46 greenshoots 46 monetary debasement 46 stagflationary 46 Duvvuri Subbarao 46 Appreciable downside risks 46 governor YV Reddy 46 inflations 46 C Rangarajan 46 Vishnu Varathan 46 rabi harvest 46 economicgrowth 46 Inflation Report 46 Kaushik Basu 46 Sue Trinh currency 46 macroprudential measures 46 Mr Halmarick 46 FII inflows 46 reflating 46 macroeconomic fundamentals 46 Governor Bollard 46 targeted CPIX inflation 46 benchmark Selic lending 46 Heightened volatility 46 Ric Battellino 46 Daniel Brebner 46 COPOM 46 Childe Freeman 46 tradables 46 minimizing speculative bubbles 46 Governor YV Reddy 46 macroeconomic stabilization 46 forex reserves 46 Zheng Jingping spokesman 46 Li Huiyong 46 dissaving 46 stoke inflationary pressures 46 dovish tone 46 IIP numbers 46 principal economist Shamubeel 46 Eurozone PPI 46 Trichet 46 Eslake 46 refi rate 46 Mr Rubinsohn 46 BoE Gieve 46 PMEAC 46 Professor McKibbin 46 Guinigundo 46 ECB Garganas 46 rupee appreciation 46 extraordinarily accommodative monetary 46 spokesman Sheng Laiyun 46 wider firebreak 46 Helen Kevans 46 BOJ Yamaguchi 45 Ample liquidity 45 INFLATION 45 Mr Rumbens 45 C. Guinigundo 45 appropriately calibrated 45 benchmarket 45 Commsec economist Savanth Sebastian 45 normalizing monetary 45 Sonal Varma 45 Benanke 45 bps CRR hike 45 BOE Monetary Policy 45 contra cyclical 45 yield differentials 45 Jonathan Loynes 45 stimulus packages 45 Ulyukayev 45 reverse repo rates 45 economist DK Joshi 45 Helmi Arman 45 Repo Rate 45 CRR repo 45 Steven Daghlian 45 depressionary 45 Lacker 45 JGB yields 45 stimulative 45 currency strategist Imre 45 stoking inflation 45 Leaviss 45 PSCE 45 Akhtar Aziz 45 regionā 45 Banxico 45 Deflation 45 Jonathan Loynes economist 45 Isarescu 45 Excess volatility 45 hawkish tone 45 reflation 45 currency debasement 45 David de Garis 45 Zaki Kada 45 marginal propensity 45 IPCA inflation 45 Shuchita Mehta 45 YV Reddy 45 Governor Alan Bollard 45 adviser Kaushik Basu 45 inflation targeter 45 Czech cbanker 45 Koukoulas 45 Christopher Joye 45 mildly accommodative 45 Ken Wattret 45 Panandiker 45 economist Helen Kevans 45 QE 45 Moec 45 NBH Governor 45 SNB Roth 45 volatilities 45 Gavin Redknap 45 Brian Redican senior 45 Battelino 45 Quarterly Inflation 45 rockbottom levels 45 ECB Draghi 45 Andrzej Wojtyna 45 Adam Boyton 45 Gonzalez Paramo 45 Mugur Isarescu 45 Polleit 45 Koji Fukaya senior 45 macro prudential instruments 45 governor Alan Bollard 45 Governor Shirakawa 45 Council PMEAC 45 Li Xiaochao 45 Mminele 45 solidly anchoring 45 Sharada Selvanathan currency 45 economist Justin Smirk 45 economist Su Lin 45 Cameron Bagrie 45 governor Rakesh Mohan 45 PBoC 45 Zamrazilova 45 Treasury yields 45 GDP deflator 45 central bankâ 45 Heino Ruland strategist 45 Investec economist Kgotso 45 dwelling commencements 45 speculative excesses 44 Alex Beuzelin 44 accomodative monetary policy 44 FII outflows 44 FRBM targets 44 Yuji Kameoka senior 44 Glapinski 44 Hou Xinqiang 44 RBI Governor Duvvuri 44 Abheek Barua chief 44 BoE 44 becoming undesirably 44 EONIA = 44 undershooting 44 Governor Subir Gokarn 44 Ramya Suryanarayanan 44 Mr Mozina 44 ECB Papademos 44 HDB resale 44 Claire Dissaux 44 Consumer Inflationary Expectations 44 governor Subir Gokarn 44 economist Nick Tuffley 44 Riki Polygenis 44 Bond yields 44 Headline CPI 44 tradeables 44 Monetary Policy Statement 44 MPC Monetary Policy 44 George Glynos 44 HICP inflation 44 Wickman Parak 44 Philip Borkin 44 benchmark Selic rate 44 deflationary depression 44 erratic monsoon 44 economist Riki Polygenis 44 Charmaine Buskas 44 Nerb 44 Rupa Rege Nitsure 44 Masuhisa Kobayashi chief 44 agflation 44 Glenn Stevens 44 Zeti 44 theFederal Reserve 44 ECB Constancio 44 India cbank 44 Governor Rakesh Mohan 44 REER 44 chief economist Abheek 44 Bank Governor Nivard 44 stockbuilding 44 c.banks 44 solidly anchored 44 Monetary 44 Mnyande 44 Dharmakirti Joshi 44 risk aversion eases 44 Carsten Fritsch currency 44 upward bias 44 sharp deceleration 44 Eurozone M3 44 deflation persists 44 Swedish Riksbank 44 protectionist sentiment 44 Pronab Sen 44 Fed Plosser 44 Mr Franulovich 44 dovishness 44 governor Ric Battellino 44 Extremist ideologies 44 noninflationary growth 44 Vicky Redwood 44 unwelcome disinflation 44 ECB Liikanen 44 Eric Lascelles 44 curve inversion 44 Kathleen Camilli 44 governor Andras Simor 44 automatic stabilizer 44 TIPS breakevens 44 benchmark PLR 44 economist Philip Borkin 44 Jens Nordvig currency 44 governor Duvvuri Subbarao 44 Hungary cbank 44 Dr YV Reddy 44 Jean Pierre Roth 44 external shocks 44 BOJ Shirakawa 44 recessionary tendencies 44 Nitsure 44 c.banker 44 Danthine 44 nonfood nonenergy inflation 44 advisor Kaushik Basu 44 Mr Bagrie 44 EMEs 44 Huang Yiping 44 quantitive easing 44 John Kyriakopoulos currency 44 Jalinoos 44 city martin spinks 43 Governor Svein Gjedrem 43 Frederic Neumann 43 Gahbauer 43 economist Tushar Poddar 43 flat yield curve 43 bearish undertone 43 deputy governor Hartadi 43 Governor Zeti Akhtar Aziz 43 Manila c.bank 43 nominal GDP 43 Governor Durmus Yilmaz 43 ECB Liebscher 43 Banca Nationala 43 Hetal Mehta 43 Philippine c.bank 43 BoE Monetary Policy 43 Gundy Cahyadi 43 Ms Selvanathan 43 Samuel Tombs 43 theeconomy 43 Stephen Koukoulas 43 kharif output 43 dirham peg 43 Policy Rate OPR 43 economist Andrew Hanlan 43 Eric Darwell 43 strategist Stephen Koukoulas 43 index WPI 43 quantitative easing 43 risk averseness 43 dovish 43 Reverse Repo Rate 43 BOE Posen 43 Hungary cenbank 43 hawkish 43 Fathom Consulting 43 Deflationary pressure 43 Ashok Lahiri 43 Selic 43 Kuijs 43 Yoshiki Shinke senior 43 Fed policymakers 43 Alan Bollard 43 Gokkent 43 Bandholz 43 Solveen 43 Garganas 43 Headline PCE 43 Indranil Pan chief 43 Issing 43 exceptionally stimulative 43 policymakers 43 prick bubbles 43 BoE policymakers 43 economist Stephen Toplis 43 Henrik Gullberg currency 43 Qu Hongbin 43 Omer Esiner 43 BoE Inflation 43 Eliane Tanner 43 stimulatory monetary 43 Basel III norms 43 gilt yields 43 Monetary Policy Report 43 deflationary trap 43 Governor Toshihiko Fukui 43 shekel depreciation 43 Jan Czekaj 43 rupee appreciating 43 repegging 43 Slovakia NBS 43 Takeshi Minami chief 43 QSBO 43 OIS curve 43 Tombini 43 ECB policymaker 43 inverted curve 43 Core PCE inflation 43 BoE Blanchflower 43 Andrzej Slawinski 43 interestrate 43 Yao Jingyuan chief 43 NR Bhanumurthy 43 FederalReserve 43 steepening bias 43 ALAN OSTER 43 moderating 43 chief economist Besa 43 Federal Reserveâ 43 Nominal GDP 43 Subir Gokarn deputy 43 Crisil Joshi 43 ringgit peg 43 Enrico Tanuwidjaja 43 central bankā 43 Rory Robertson 43 Kikuko Takeda currency 43 regionâ 43 CPIX 43 Nicky Weimar 43 Polish cbank 43 Fed Yellen 43 USD ZAR 43 moral hazard 43 Indian Economy CMIE 43 ECB Kranjec 43 Deppler 43 economist Brian Redican 43 Samiran Chakraborty 43 Lara Rhame currency 43 Dr Debelle 43 Frances Cheung 43 Fed Pianalto 43 Commonfund Strauss 43 Fedspeak 43 imbalances 43 Shamubeel Eaqub economist 43 Andre Perfeito 43 tradeables inflation 43 BOJ Fukui 43 macroprudential 43 FOMC Minutes 43 core PCE 43 Tim Schroeders 43 BoE Governor Mervyn 43 MONEY MARKETS Libor 43 Mr Vrondas 43 Junya Tanase forex 43 Sonal Varma Mumbai 43 Aroop Chatterjee 43 seesaw pattern 43 Chile cenbank 43 Hiroaki Muto senior 43 Margin compression 43 economist Elize Kruger 43 Muddle Through Economy 43 protectionist pressures 43 inflationist 43 CRR repo rate 42 Gieve 42 BPLRs 42 THE RESERVE BANK 42 procyclical 42 Inflationary fears 42 Satoru Ogasawara 42 Niesr 42 Selic rate 42 Richard Yetsenga currency 42 prices 42 Nominal GDP includes 42 Deputy Governor Shyamala 42 Lu Zhengwei 42 interest margins NIMs 42 liqudity 42 Yetsenga 42 macro headwinds 42 reinflation 42 member Nout Wellink 42 Favored Financial Institutions 42 PMEAC Chairman 42 Reserve Ratio 42 macroeconomic indicators 42 Jeremy Stretch 42 libor 42 MARKET IMPACT 42 Federal Reserve 42 told TVN CNBC 42 ultra expansionary monetary 42 Yoshimasa Maruyama senior 42 Baygun 42 IMF Lipsky 42 METALS Copper dips 42 Tetangco Jr. 42 ECB refi 42 Governor D. Subbarao 42 Hirokata Kusaba senior 42 Mohamed Ariff 42 Brendan O'Donovan 42 Rajeev Malik Singapore 42 John Kyriakopoulos 42 deficient monsoon 42 simulative 42 Gaurav Kapur senior 42 S.Africa cbank 42 Isaac Meng 42 liquidity sloshing 42 Investec PMI 42 BlackRock Doll 42 Matthew Circosta 42 Hydeskov 42 Governor Donald Kohn 42 de facto peg 42 D Subbarao 42 al Sayyari 42 Klaus Liebscher 42 Anthony Byett 42 Hatzius 42 uncertainities 42 Quaden 42 governor Diwa Guinigundo 42 Stephen Koukoulas chief 42 dwelling approvals 42 NAB strategists 42 Mitul Kotecha 42 reserve ratio CRR 42 Ramya Suryanarayanan economist 42 Hisaaki Tasaka 42 Gernot Nerb 42 economist Shamubeel Eaqub 42 Fed Rosengren 42 Baumohl 42 Bob Cunneen 42 adviser Xia Bin 42 Huw McKay 42 Governor KC Chakrabarty 42 interst rates 42 Mrs Ridout 42 ECB Mersch 42 member Nicholas Garganas 42 German IFO survey 42 Sean Callow strategist 42 Ulf Schoefisch 42 Deputy Governor Amando 42 Komileva 42 BOE Sentance 42 Sujan Hajra chief 42 Hiroshi Yoshida trader 42 Buba Weber 42 Mamoru Yamazaki chief 42 Inadome 42 FRBM target 42 Khoon Goh senior 42 rabi crop 42 Radio PiN 42 Joseph Shatz 42 GLENN STEVENS 42 reflationary policies 42 ID nONS# 42 Osakovsky 42 Klapwijk 42 Monthly Inflation Gauge 42 Makoto Yamashita chief 42 Benign inflation 42 Reserve Ratio CRR 42 Gradualism 42 Steve Malyon 42 Mr Attrill 42 TREASURIES Prices fall 42 economist Jonathan Cavenagh 42 Takehiro Sato 42 Halmarick 42 economist Joseph LaVorgna 42 quantitative easing QE2 42 Anushka Shah 42 Polish c.bank 42 slowdown Governor Perng 42 ample liquidity 42 backorders signaled 42 SARB 42 FOREX Euro edges 42 CIBC Shenfeld 42 Halina Wasilewska Trenkner 42 Mehul Agrawal 42 TCA Anant 42 monetarists 42 incoming barometers 42 BOE Governor Mervyn 42 Miroslav Singer 42 setter Tim Besley 42 ECB Trichet 42 PBOC 42 expansionary macroeconomic policies 42 Risk aversion 42 export sapping appreciation 42 hiked repo 42 renminbi revaluation 42 BoK 42 appropriately accommodative 42 liquidity injections 42 STEPHEN KOUKOULAS 42 policymaker Andrew Sentance 42 David Mozina currency 42 Katsutoshi Inadome fixed 42 ČNB 42 economist Richard Jerram 42 core PCE index 42 Hungary NBH 42 Ray Attrill 42 Serene Lim Singapore 42 Tumpel Gugerell 42 Rate setters 42 Arvind Virmani 42 strategist Sue Trinh 42 Mr Eslake 42 Ernie Hon 42 Underwater mortgages 42 Akitsugu Bando senior 42 Heikensten 42 ZEW 42 interbank borrowing 42 restimulate 42 Governor Stefan Ingves 42 TICS data 42 reflate 42 rupee depreciating 42 Norges Bank 42 dissented preferring 42 PCE deflator 42 depreciating greenback 42 Suman Bery 42 Deputy Governor Bandid 42 EuroZone 42 analyst Don Gher 42 Rolf Buerkl 42 yield curve inverts 42 sovereign debt 42 Daniel Katzive currency 42 India Governor Duvvuri 42 JGB issuance 42 Ms Thorat 41 maker Andrew Sentance 41 Timothy Besley 41 ECB Quaden 41 Fed Kocherlakota 41 Rob Montefusco trader 41 Provopoulos 41 Ulyukaev 41 David Tulk 41 Marian Noga 41 repo reverse repo 41 Niels Christensen 41 Interest Rates 41 Deputy Governor Diwa 41 spokesman Zheng Jingping 41 market economies EMEs 41 Bank Governor Durmus 41 BoJ Governor Toshihiko 41 Malaysia BNM 41 inflation targeters 41 Economist Vicky Redwood 41 Karydakis 41 Trichet hawkish 41 Yi Xianrong researcher 41 Euribor interbank 41 deleveraging 41 RBNZ Bollard 41 Mr Cavenagh 41 Kim Jeong hwan 41 Deflationary 41 Serdengecti 41 Sultan Nasser 41 Ian Stannard senior 41 currency peg 41 INFLATIONARY 41 Naxalite menace 41 Darmalingam 41 RATE CUTS 41 Core PCE 41 Gergely Suppan 41 Federal Reserveā 41 Udayan Mukherjee 41 strategist Annette Beacher 41 CFNAI 41 Sentance 41 decelerated sharply 41 Delayed monsoon 41 Sramko 41 macroprudential tools 41 Darren Heathcote 41 Personal Consumption Expenditures PCE 41 Tame inflation 41 Wan Suhaimi 41 Dong Xian'an chief 41 James Shugg 41 credit extension PSCE 41 deflationists 41 rupee depreciation 41 gradual deceleration 41 Thomson Financial IFR Markets 41 ECB 41 Satoshi Okumoto general 41 Deepali Bhargava 41 Omer Esiner chief 41 Ben Westmore 41 borrowing reverse repo 41 Hetal Mehta senior 41 technically overbought 41 benchmark Selic 41 recessionary trends 41 CBSL 41 Boris Schlossberg senior 41 euro regionā 41 Wage pressures 41 Amikura 41 Siddhartha Sanyal economist 41 deteriorate appreciably 41 Bank Governor Durmuş 41 Takahide Nagasaki chief 41 eurozone periphery 41 ECB Bini Smaghi 41 negative spillovers 41 Takehiro Sato chief 41 dovish BoE 41 Mr Gahbauer 41 Marco Valli 41 dehedging 41 Savanth Sebastian 41 Geoff Dicks 41 competitive devaluations 41 dong devaluation 41 Li Mingliang 41 bearishness 41 Eonia 41 Juliette Saly 41 Ballim 41 Chiara Corsa 41 margins NIM 41 reflation trade 41 Azusa Kato 41 Rhonda Staskow 41 GDP 41 Camilli Economics 41 frictional liquidity 41 IGP DI 41 NIESR 41 speculative bubbles 41 reverse repo rate 41 liquidity crunch 41 CPIs 41 UniCredit economist 41 Mottain 41 Danica Hampton 41 Eurozone periphery 41 EIBOR 41 remittance inflow 41 Thai c.bank 41 Luci Ellis 41 Anthony Crescenzi 41 Eric Lascelles strategist 41 Vejmelek 41 association BdB 41 Imre Speizer 41 RPIX 41 interest margin NIM 41 Amando Tetangco Jr. 41 BOJ 41 pump priming 41 FOREX Dollar drops 41 ruble devaluation 41 Bernanke 41 Mr Serebriakov 41 LAF corridor 41 precious metals consultancy GFMS 41 USD MXN 41 Akihiko Inoue 41 procyclical effects 41 Joe Manimbo currency 41 economists 41 Tetangco 41 Dr KC Chakrabarty 41 Ahya 41 IDBI Gilts 41 Chetan Ahya 41 Anton Struchenevsky 41 BoC 41 macro prudential tools 41 Protectionist pressures 41 Traumatic asphyxiation 41 Zajdel Kurowska 41 ECB Provopoulos 41 ECB Gonzalez Paramo 41 Lee Seong tae 41 Johan Javeus currency 41 unanchoring 41 heightened risk aversion 41 SHANE OLIVER 41 Minori Uchida senior 41 currencyâ 41 antipodean currencies 41 economist Carmen Altenkirch 41 university graduates Oliveres 41 structural reforms 41 Nimit Khamar analyst 41 Eoin Fahy chief 41 Lena Komileva G7 41 Ben Westmore commodities 41 Nyiko Mageza 41 risk appetite 41 Peter Dunay investment 41 Tetsuya Miura chief 41 CSOB analyst 41 yield curve flattens 41 economist Qu Hongbin 41 noninflationary 41 Carsten Fritsch 41 CNY revaluation 41 Governor Ivan Sramko 41 IOER 41 counter cyclically 41 Choyleva 41 Bandid 41 Sun Lijian 41 Monetary Policies 41 Mr Lakos 41 Wensheng Peng 41 Junko Nishioka 41 deglobalization 41 Frank Shostak 41 Fed Lacker 41 USEconomic 41 Colen Garrow economist 41 Nikko Cordial Nishi 41 Peng Yunliang Shanghai 41 Dwelling approvals 41 Quantitative easing QE 41 SCAP buffer