The finance minister of Japan, Shunichi Suzuki, warns that the country faces dire finances as debt and inflation continue to rise while the population keeps declining. The government can still borrow cheaply as the central bank keeps interest rates at ultra-low levels. But what do the financial markets and global investors make of Japan’s current economic st ... Show More
Yesterday
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules ... Show More
8m 46s
Apr 2022
The Bank of Japan Is Playing a Dangerous Game
Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S. dollar continued to strengthen, and global bond yields marched higher. That’s despite the emergence of still more signs of underlying weakness, including Robinhood layi ... Show More
38m 27s
Aug 2023
Hyun Song Shin on the New Financial Stability Risks
At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on the short-term path of monetary policy. But, of course, the Economic Symposium is supposed to be about long-term policy frameworks. And central bankers aren't jus ... Show More
41m 19s
Aug 2022
Money Talks: Fragile economies
From Sri Lanka to Pakistan, El Salvador to Ghana, Egypt to Tunisia, some emerging economies are feeling the pain of rising commodity prices, higher interest rates and a strong dollar. Is a wave of historic debt defaults coming for emerging markets?
On this week’s episode, hosts S ... Show More
33m 2s
Aug 2022
Money Talks: Fragile economies
From Sri Lanka to Pakistan, El Salvador to Ghana, Egypt to Tunisia, some emerging economies are feeling the pain of rising commodity prices, higher interest rates and a strong dollar. Is a wave of historic debt defaults coming for emerging markets?
On this week’s episode, hosts S ... Show More
33m 2s