PIMCO's Chang: Watch Australia and Korea to Move Ahead of Fed

The transcript discusses market reactions to potential Fed tapering and the role of liquidity from central banks. It explores the Fed's reverse repo rate adjustments and anticipates actions by regional central banks in Asia, such as the Reserve Bank of Australia and the Bank of Korea. The discussion also covers global central bank strategies, including the European Central Bank's stance and China's steady rate approach.

What is the speaker's view on the European Central Bank's stance in relation to the Fed?

How does the speaker describe the situation regarding quantitative easing in China?