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Central banks have to move from QE to RE to CE as impact fades, says JPMorgan exec
Synopsis
The impact of Covid-19 on economies has been varied, although it has almost affected every one. JPMorgan’s head of emerging economies’ research Jahangir Aziz talks to ET on how it is and how the world looks ahead.
The impact of Covid-19 on economies has been varied, although it has almost affected every one. JPMorgan’s head of emerging economies’ research Jahangir Aziz tells ET’s MC Govardhana Rangan and Gayatri Nayak how the economies would react to government and central bank actions. Edited excerpts:Almost every economy is uniformly crippled by Covid. Has the virus achieved where Marx or Communism had failed?Just in the US, only some of us are
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