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The Asian Development Bank President on Fed aggressive tightening

Started by forex4you, Dec 02, 2022, 09:16 am

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Dec 02, 2022, 09:16 am
The Asian Development Bank President on Fed aggressive tightening

<p>ADB President Asakawa:</p><ul><li>aggressive US monetary tightening could cause abrupt reversal of capital flows</li><li>We are already seeing the risk of aggressive US monetary tightening to fight inflation may trigger sharp currency depreciation</li></ul><p>Well, yeah. He's not wrong but this is not new news. </p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: The Asian Development Bank President on Fed aggressive tightening

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