Stable Economies, and in China’s Case a strong Renminbi, Allow Central Bankers Some Slack
Stable Economies, and in China's Case a strong Renminbi, Allow Central Bankers Some Slack
Latest weekly balance sheet data from the World's major Central Banks show aggregate liquidity growth slipping lower in the last two weeks.
Aggregate balance sheet growth has fallen to 17.8% (3m ann.). Liquidity growth has been largely range-bound since August, although recent weeks show a clear downtrend. This has coincided with general economic stability, despite ongoing lockdowns.
See our latest published research, Weekly Global Liquidity Update 8 January 2021
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