COVID-19

How the U.S. response to coronavirus is forcing the hand of the world’s central banks

The U.S. dollar sign is seen on an electronic board next to a traffic light in Moscow, Russia August 10, 2018. REUTERS/Maxim Shemetov - RC1A1F96F610

The U.S. Federal Reserve has been pumping dollars into the economy since the COVID-19 outbreak began. Image: REUTERS/Maxim Shemetov

Koichi Hamada
Professor of Economics, Yale University
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COVID FX: Exchange rate dynamics around 25th February 2020 US yield curve inversion
The U.S. dollar has thrived. Image: VOXeu.org
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COVID-19Banking and Capital MarketsFinancial and Monetary SystemsUnited States
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