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JIM O’NEILL: The FX Model I Invented Suggests The Yen Can Sink Much Farther
The Japanese yen continues to tumble rapidly, as the new Prime Minister Shinzo Abe moves forward with his yen devaluing policies, which includes possibly targeting a 2 percent inflation rate. But this has many people wondering if...
- Posted 127 days ago
EL-ERIAN: Asset Prices Are Getting Even Farther Away From Their Fundamentals
Mohamed El-Erian, CEO of PIMCO, has penned a blistering op-ed for the Financial Times on the dangers of highly accommodative monetary policy – or as he refers to it, the ‘central bank put.’ The central point of...
- Posted 131 days ago