by Summary:
I don't see how forcing newly created non-risk assets onto bank balance sheets is going to help correct a real hygiene problem...China’s central bank will inject CNY1.2 trillion (USD170 billion) in tomorrow’s open market operation, the bank said in a notice today. The move aims to provide sufficient liquidity for the financial system during the period of controlling the novel #coronavirus epidemic. pic.twitter.com/KQUUOCkd2i— Yicai Global 第一财经 (@yicaichina) February 2, 2020
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
I don't see how forcing newly created non-risk assets onto bank balance sheets is going to help correct a real hygiene problem...China’s central bank will inject CNY1.2 trillion (USD170 billion) in tomorrow’s open market operation, the bank said in a notice today. The move aims to provide sufficient liquidity for the financial system during the period of controlling the novel #coronavirus epidemic. pic.twitter.com/KQUUOCkd2i— Yicai Global 第一财经 (@yicaichina) February 2, 2020
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025
New Economics Foundation writes What are we getting wrong about tax
Sandwichman writes The more this contradiction develops…
I don't see how forcing newly created non-risk assets onto bank balance sheets is going to help correct a real hygiene problem...
China’s central bank will inject CNY1.2 trillion (USD170 billion) in tomorrow’s open market operation, the bank said in a notice today. The move aims to provide sufficient liquidity for the financial system during the period of controlling the novel #coronavirus epidemic. pic.twitter.com/KQUUOCkd2i
— Yicai Global 第一财经 (@yicaichina) February 2, 2020