Asian Central Banks Surprise in Global Race to the Monetary Bottom

The video discusses unexpected rate cuts by Asian central banks, including Thailand, India, and New Zealand, and their impact on global currencies and economies. It highlights the limited scope for further rate cuts by major central banks like the Fed, Bank of England, and ECB, and the potential for quantitative easing if a recession occurs.

Which central bank surprised everyone with a 35 basis point rate cut?

• Bank of Japan

• Bank of New Zealand

• Bank of India

• Bank of Thailand

What is the main concern regarding the actions of Asian central banks?

• Currency wars

• Trade agreements

• Stock market stability

• Inflation control

Which currency is considered a safe haven according to the video?

• Australian Dollar

• Euro

• Kiwi

• Japanese Yen

What is the main challenge for Japan's economy as mentioned in the video?

• Rising unemployment

• Trade deficits

• Limited scope for rate cuts

• High inflation

What economic measure is likely to be implemented by major central banks if a recession occurs?

• Currency devaluation

• Increased taxation

• Quantitative easing

• Interest rate hikes