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Liu Mingkang

Liu Mingkang

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Liu Mingkang, a former chairman of the China Banking Regulatory Commission, is BCT Distinguished Research Fellow at the Institute of Global Economics and Finance at The Chinese University of Hong Kong and Distinguished Fellow for the Asia Global Institute at the University of Hong Kong.

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  1. op_cochrane1_ Mark WilsonGetty Images_fed reserve Mark WilsonGetty Images
    Subscriber Exclusive

    Inflation in the Shadow of Debt

    John H. Cochrane

    History has shown that it is much easier to stay ahead of inflation than it is to play catch-up. By ignoring this basic truth, US policymakers are both missing a big opportunity and inviting economic disaster.

    questions whether the US Federal Reserve could carry out a successful monetary stabilization if needed.
    10

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