Divergence in monetary policy ahead
As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...
Tag: FX
The dollar weighs on Asian economies
Chinese and Japanese authorities are intensifying their efforts to defend their currencies against the rising dollar, threatening to exacerbate inflationary pressures. On Wednesday, Japan issued...
Yuan normalization
The fall of the Chinese currency, nearly 6% over the last quarter, is similar to the performance of the other major Asian currencies: the yen,...
Une nouvelle guerre des devises ?
Les banquiers centraux désespérés pour maîtriser la marche incessante de l’inflation ont commencé à envoyer des signaux qu’ils accueilleraient non sans déplaisir une monnaie plus...