China’s Credit Bazooka

 

Stimulus will probably boost China's stocks for a while.

But meaningful improvement will need fiscal policy.

John Authers 25 september 2024  

https://www.bloomberg.com/opinion/articles/2024-09-25/china-s-credit-bazooka-isn-t-what-it-used-to-be

Adrenaline Shot Is Only Buying China a Little Time

Tuesday’s hastily arranged briefing delivered a sweeping policy package. Economists say reversing the slump will require much more.

Bloomberg 24 september 2024 

https://www.bloomberg.com/news/features/2024-09-24/china-s-sweeping-stimulus-package-buys-economy-time-but-won-t-end-slump

Lagarde's Bazooka Isn't Big Enough for This Crisis

Central banks are doing all they can. Governments need to respond with fiscal policy.

John Authers Bloomberg 19 mars 2020

https://www.bloomberg.com/opinion/articles/2020-03-19/lagarde-s-ecb-bazooka-needs-fiscal-support-from-governments

 

Does a big bazooka matter?  

Central bank balance-sheet policies and exchange rates

https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2197.en.pdf