World Bank President Robert Zoellick is wary of heightened inflation risks in Asia as stimulus programs, easy monetary policies, and asset flows into commodities drive recoveries across the region:
“…in Asia the massive liquidity flowing into regional markets could push asset prices up dangerously high, Zoellick told a business forum on the sidelines of the Asia-Pacific Economic Cooperation forum. ‘In this region some care must be taken because as we get recoveries … we could see inflation or some flow into commodities markets or certain asset price markets,’ Zoellick said.”
(See “World Bank president: inflation a risk to recovery” for more.)
Related (from writejesse): “Taipei’s residential prices may rise 15 percent in 2010.“