Liquidity trends: Japan and US still positive
Risk Parity Attractiveness |
The US and Japan are leading a rebound in advanced economies, while the still fragile eurozone needs an interest rate cut to ensure a recovery takes hold, the OECD said. (Reuters - PARIS | ThuMar 28, 2013 3:23pm GMT)
“The bottom line is
that we are moderately more optimistic,” OECD chief economist Pier Carlo Padoan
said. “We see growth firming in the US, we see more growth in Japan thanks to
new measures, and we see more growth in Germany.”
After US Federal
Reserve chairman Ben Bernanke's signal that the US will not soon exit its
quantitative easing (QE) mode, the Bank of England and Bank of Japan are also
targeting higher liquidity in global financial markets.
Comments