🔥BRUTAL🔥
✨China's EXPANSIVE monetary policy may push the US to implement similar measures (Is QE coming in the US)?
🤯With the economic slowdown in the US, Europe, and China, many analysts believe we will return to a cycle of COORDINATED STIMULUS, i.e., QE?
Why do monetary policies tend to synchronize?
👉Globalized world = connected economies
👉If a power like China or the US lowers its interest rate, other countries must adapt to avoid CAPITAL FLIGHTS.