The US Federal Reserve’s decision to pump an extra $600bn into the economy has galvanised emerging market central banks into preparing defensive measures and sparked criticism from leading global economies.
The Fed’s initiative, in response to rising concern about the weakness of the US economy, has fuelled fears of a sharp drop in the dollar and a fresh flood of capital inflows into emerging markets.
China, Brazil and Germany criticised the Fed’s action on Thursday, and a string of east Asian central banks said they were preparing measures to defend their economies against large capital inflows.
您已閱讀24%(601字),剩餘76%(1936字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。