Comments|FANG Ming: U.S. Monetary Policy Causes Its Stock Market Boom
信息来源: 浏览次数: 发布时间:2021-02-09 15:58:53

In an interview conducted by the Financial Times on February 9, 2021, Prof. FANG Ming of ICFS said that the U.S. monetary policy was the main reason for the surge of the U.S. stock market in the face of the pandemic. With the status of the US dollar as the world currency, the Federal Reserve was able to adopt an "uncapped" quantitative easing monetary policy, which, together with the maturity of the US capital market, supported the stock market boom.