Citi Chief Asia Pacific Economist Johanna Chua on Tapering, Central Banks

The transcript discusses the Federal Reserve's shift from viewing inflation as transitory to acknowledging more persistent factors, particularly in the labor market. It contrasts the inflation dynamics in the US with those in Asia, highlighting differences in stimulus measures and labor market conditions. The discussion also covers the impact of US monetary policy on global currencies, particularly the dollar and renminbi, and the potential economic implications of the Omicron variant, especially in terms of reopening and tourism in Asia.

How does the current account buffer impact the renminbi's stability?

What challenges are anticipated for tourism in Thailand due to the Omicron variant?

In what ways has the economic recovery in Asia been described as different from that in the US?