TOKYO – With all the focus on the US Federal Reserve and Bank of Japan, it’s easy to forget where the most important monetary calls are being made this year: Beijing. Sure, Fed Chairman Jerome Powell said Wednesday (July 31) that big actions are coming. A September interest rate cut is “on the table,” provided […]
Forget the Fed and BOJ; PBOC holds the monetary cards
The most globally crucial monetary calls for the rest of 2024 will come out of Beijing, not Washington or Tokyo