Inflation would, therefore, return to the target shortly after the excess supply disappeared from the economy. An upward shift in demand would, of course, generate symmetric responses. While the theory is clear about the appropriate response to demand shocks, the magnitude and persistence of shocks—and hence the size and timing of interest rate adjustments—are always difficult to judge.
He leads a team of trade professionals specialized in trade relationship management, risk mitigation strategies, logistic management, structured trade, new trade services and emerging payment channel instruments to provide integrated solutions to financial institutions and corporate clients. Prior to his current role, Asif was head of Trade Sales for Europe, Middle East and Africa as well as for the firm’s global network trade business.