See the 23 Central Banks That Have Eased Since Jan 2015
The U.S. dollar is getting stronger giving Wall Street chills. Asian exporting nations, some with sovereign wealth funds, are turning on their monetary spigots by cutting key rates. In 2014, Asian powerhouse China, which is a large trading partner to many countries in the region, has economically expanded the least since 1990. Head of South Korea’s ruling political party Saenuri, Kim Moo Sung commented that aggressive monetary policy is necessary to counter quantitative easing (QE) by the European Central Bank – taking a shot at the ECB’s bond buying programme. This is also to counter Korea’s export competitor Japan. With exports dropping and the slowest inflation in South Korea since 1999, the country’s central bank loosened its monetary policy belt.
The Bank of Korea became at least the 23rd central bank to have eased in 2015.
See the Central Banks That Have Eased
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