IMF: Allowing more flexibility in YCC could have some repercussions for global markets – by fx_ross Japan Asia Currencies
rise further, Japanese investors' repatriation of funds could affect sovereign bond yields in Australia, several euro area countries and in the US.
The Washington, D.C.-based institution said earlier that five years from now, global growth is expected to be around 3% — the lowest medium-term forecast in an IMF WorldIn Asia, the IMF is commenting that allowing more flexibility in YCC could have some repercussions for global markets although it could also help prevent abrupt policy changes later that could trigger large spillovers.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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