In-town Guest Series

The Low Interest Rate, Low Inflation Conundrum

New Seminar


Ever since the Global Financial Crisis of 2008-09, inflation rates in the leading developed economies have remained below target. This is despite the fact that interest rates have remained at exceptionally low levels. Japan and the Eurozone have experienced sub-target inflation and negative interest rates for several years, but recently it seems the US and UK might be travelling along the same path.

Dr Greenwood will explain how economies arrived at the current predicament, and how policy-makers can escape from the low inflation, low-interest rates trap.

Speaker/Course Instructor

Dr John Greenwood is the Chief Economist of Invesco Ltd. with responsibility for providing economic analysis and forecasts to Invesco portfolio managers and clients. He started his career in 1970 as a visiting research fellow at the Bank of Japan. In 1974 he joined GT Management as Chief Economist. The firm was acquired by Invesco in 1998. As editor of Asian Monetary Monitor in 1983, he proposed a currency board scheme for stabilising the Hong Kong dollar. He was a director of the Hong Kong Futures Exchange Clearing Corporation for four years until 1991, and in 1992 became a council member of the Stock Exchange of Hong Kong, a position he held for twelve months. In that same year, he was an economic adviser to the Hong Kong Government. He has been a member of the Committee on Currency Board Operations of the Hong Kong Monetary Authority since 1998. He is also a member of the Shadow Monetary Policy Committee in England, and he serves on the board of the Hong Kong Association in London.


Date & Time
Thursday, 24 Oct 2019 (12:20PM - 1:20PM)
HKSI Institute Training Centre
New, Seminar
SFC:1.00, PWMA:1.00