Sunday, February 7, 2016

Currency War Drums

Newsart for Currency War Drums

Seeking to boost recovery at home, some advanced-country central banks have increased money supply sharply, sending return-hungry investors to developing countries in search of higher returns. That dynamic, many experts and developing-country officials warn, will lead to competitive exchange-rate devaluations. Should advanced countries tighten monetary policy? What are the consequences for global cooperation if they don’t?

Articles in this Focal Point

Commentaries available in 12 Languages