10 reasons why renminbi will keep rising, Views on the December FOMC meeting
Monday 14 December 2020 – Vol.11 Ed.51.1
Commentary: 10 reasons whyrenminbi will keep rising
By David Marsh in London
With the Joe Biden moving into the White House, there will be tension, even confrontation, over China’s foreign policy, technology and trade. But, based on statements from both sides, the relationship between them will be more organised, less chaotic and more stable than under Trump. Against this background, the factors behind renminbi realpolitik look positive. Here are 10 reasons why the Chinese currency’s importance on the world stage is likely to keep on rising.
Read the full commentary on the website.
Meeting: Views on the December FOMC meeting
Thursday 17 December, 15:00-16:00 GMT
Steve Kamin, resident scholar at the American Enterprise Institute and former director of international finance at the Federal Reserve, joins Mark Sobel, US chairman of OMFIF, to discuss the late December Federal Open Market Committee meeting and the state of the Fed’s toolkit. Their conversation covers topics including how the current fiscal outlook is impacting the Fed, the central bank’s monetary policy options and how all of this feeds into Fed decision-making.
Request to attend the meeting.
