quantitative easing (QE)

Rapid rate hikes to counter inflation, while keeping an eye on inequality and QE trap, says Insead’s professor Pushan Dutt

How can central banks continue to support the economic recovery?

“We need a new capitalism — a more fair, a more just and a more equitable capitalism,” says Marc Benioff, CEO of Salesforce.

The four big themes with risks and opportunities: China and self-reliance, going green, coronavirus and government support

But these are not ordinary times. Even a hugely expansionary budget will not be out of sync with the rest of the world.

Clearly, what was once unthinkable and unprecedented is now rapidly turning into the norm — with no end in sight.

In response to the uncertainty, consumers have cut spending and increased savings, businesses are slashing prices, and wages are under pressure. Deflationary pressures are all around.

The Fed has come out in favour of maintaining or even increasing the pace of QE to avoid a new case of taper tantrum, says BOS analysts Eli Lee and Conrad Tan.

(Dec 2): The Bank for International Settlements (BIS), the central bankers’ club in Basel, Switzerland, recently conducted an in-depth evaluation of the unconventional monetary policies that have become the norm in many countries since the 2008 financia

(Sept 26): The Bank of England can reverse its huge bond-buying stimulus programme without sharply pushing up long-term interest rates and hurting the economy, as long it explains the plan properly and moves only gradually, a top BoE policymaker said on T