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. >>> joining me now from singapore is song seng wun from cimb research. he's offered to help us get into the mind of the central bankers. so we saw australia and china and indian central banks decide this week. this follows singapore and switzerland and japan and e.u. central banks taking a monetary easing approach. what should we make of it? why are global central bankers pumping more money into its economies? >> well, i think after three years of mediocre growth and signs that the underlying global growth momentum continues to be soft, and even, and with the sharp fall in commodity prices, energy prices in particular, basically it's made i think inflation worries upside even further and inflation's expectation has dipped somewhat as well. so i think this basically gives room to central bank for countries where inflation is less of a concern to give, you know, the economy a helping hand through a more accommodative monetary policy itself. it's really an expectation of much milder inflation expectation. that gives them the room to ease policy further. >>