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 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
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
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

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 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
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
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London