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Home Banking Mighty dollar maddens Trump, Economic priorities for Asia in 2020

Mighty dollar maddens Trump, Economic priorities for Asia in 2020

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Mighty dollar maddens Trump, Economic priorities for Asia in 2020

Thursday 28 November 2019 –  Vol.10 Ed.48.3

Commentary: Mighty dollar maddens Trump

By Desmond Lachman in Washington

It is no secret that President Donald Trump is displeased with the dollar’s strength. Whether there is much he will or can do about this is another matter. Indeed, regardless of what course of action he chooses, there is every reason to expect further appreciation in the year ahead. Rather than as a result of the intrinsic strength of the US economic, the dollar’s anticipated appreciation is more likely to be caused by the relative weakness in the rest of the global economy. Put another way, the dollar will remain the tallest dwarf in the room.

Read the full commentary on the website.

Meeting: Asia 2020 – Economic priorities for China, Japan, India and Asean

Changyong Rhee, director of the International Monetary Fund’s Asia and Pacific department

Friday 6 December, New York, 11:00-12:30 EST

A slowdown in China, persistently low growth in Japan and South Korea, and developments in Hong Kong have had a dampening effect on Asia’s economic performance, while expansion in India and the Association of Southeast Asian Nations remains strong. Changyong Rhee, director of the International Monetary Fund’s Asia and Pacific department, discusses the region’s economic priorities for 2020, drawing on examples from China, Japan, India and Asean.

Request to attend the meeting.

 

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