Bank of Korea May Cut Rates, MUFG Bank's Tan Says

The video discusses the economic leeway of China, South Korea, and Japan in response to the coronavirus outbreak, highlighting South Korea's potential for stimulus policies. It examines the virus's impact on China's and South Korea's growth, predicting significant economic slowdowns. The discussion shifts to Australia's Reserve Bank, which maintains its growth forecast despite uncertainties, suggesting a cautious approach might be beneficial given the country's ties to China's commodity demand.

Which country among China, South Korea, and Japan is considered to have the most room for stimulus policies?

• Australia

• Japan

• South Korea

• China

What is the expected impact of the coronavirus on South Korea's economic growth?

• Decrease by 1/4 to 1/2%

• Decrease by 3%

• Remain unchanged

• Increase by 1%

How has the Reserve Bank of Australia responded to the coronavirus outbreak in terms of its growth forecast?

• Increased the forecast

• Decreased the forecast

• Eliminated the forecast

• Kept the forecast unchanged

What is a potential risk for central banks if they do not adjust their policies in response to the coronavirus?

• Decreased unemployment

• Increased inflation

• Being caught on the backfoot

• Higher interest rates

Why might the RBA need to be more cautious according to the discussion?

• Because of high inflation rates

• Because of low unemployment rates

• Due to Australia's ties to China's commodity demand

• Due to a strong Australian dollar