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Financial Perils in Check for Now, Eyes Turn to Risk of Market Correction
Prices for stocks, corporate bonds, and other risk assets have risen higher on the news of vaccine rollouts. Financial markets have shrugged off rising COVID-19 cases, betting that continued policy support will offset…
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Navigating Capital Flows – An Integrated Approach
International capital flows provide significant benefits for economic development but can also generate or amplify shocks. This dilemma has long posed challenges for policymakers in many open economies. While flexible exchange rates can…
