
Business May 2, 2022
End of easy money brings a $410 billion global financial shock
Unlike previous tightening cycles when the U.S. Federal Reserve was alone in shrinking its balance sheet, this time others are expected to do likewise.
For Anchalee Worrachate's latest contributions to The Japan Times, see below:
Unlike previous tightening cycles when the U.S. Federal Reserve was alone in shrinking its balance sheet, this time others are expected to do likewise.
Mario Draghi had something new to worry about as he prepared for Thursday's European Central Bank policy meeting: the euro-yen exchange rate. The yen approached a six-year low versus the shared European currency after Bank of Japan Gov. Haruhiko Kuroda surprised investors late last week ...