GLOBAL MARKETS-Asia stocks edge up but growth fears linger

* Central banks' liquidity move helps supports stocks

* Investors cautious of longer-term growth and inflation

* JGBs trade thin ahead of U.S. jobs data, Fed

By Tom Miles

HONG KONG, July 31 (Reuters) - Most Asian stock markets rose on Thursday after a move by central banks to boost liquidity in stormy financial markets balanced out a $4 rebound in oil prices and the constant fear of slowing growth and rising inflation.

The U.S., European, and Swiss central banks extended emergency lending facilities on Wednesday for investment banks and expanded other liquidity programs to ease credit market strains that have weighed on the global economy for a year.

The joint measures helped lift share prices in the United States and Europe, and were a factor in pushing up U.S. bond yields and the U.S. dollar.

But Asian investors were cautious, weighing up the welcome central bank support against continued uncertainty about growth and the worry that loose monetary policy could fuel inflation further out.

"In the short term, markets could continue to see a bit of a rally but I still think that we probably haven't seen the low in equity markets," said Simon Doyle, head of fixed income and multi-asset at Schroder Investment Management in Australia.