The Federal Reserve building on Constitution Avenue is pictured in Washington in March 2019. Recent decisions by the Fed on its policies aimed at stimulating the US economy could persuade investors seeking returns to focus on Asia. Photo: Reuters
Opinion
Opinion
Macroscope
Federal Reserve’s coronavirus policies risk driving capital to Asia
- Investors seeking yields could flee near-zero interest rates in United States in favour of Asian government bonds and currencies
- Coronavirus-imposed shift to working from home raising interest in tech stocks and leading exporters such as China, Taiwan and South Korea
The Federal Reserve building on Constitution Avenue is pictured in Washington in March 2019. Recent decisions by the Fed on its policies aimed at stimulating the US economy could persuade investors seeking returns to focus on Asia. Photo: Reuters