Kristalina Georgieva, seen at a press conference last month, used her maiden speech as IMF chief to warn that the global economy is entering a synchronised slowdown. Photo: AFP
Opinion
Opinion
Macroscope
Could the next global recession start in the obscure short-term US money markets?
- After weeks of trying to hose down these dark arcane markets with liquidity, the US Fed’s announcement that it would resume buying Treasury bills was a bland acknowledgement that US short-term money markets are the new flashpoint. Brace yourselves
Kristalina Georgieva, seen at a press conference last month, used her maiden speech as IMF chief to warn that the global economy is entering a synchronised slowdown. Photo: AFP
