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Governments around the world used both large fiscal packages and credit market interventions to support their economies during the COVID-19 pandemic. In this episode, BPEA authors Gee Hee Hong and Deborah Lucas analyze the impact and importance of the credit market intervention policies. ....
Credit market interventions were an important, but often under-appreciated, element of many countries efforts to support their economies during the COVID-19 pandemic. ....
The yen’s tumble to two-decade lows may propel exports and help quicken a rebound for its inbound travel and tourism sector as Japan eases pandemic border restrictions. ....