Economics

Monetary Policy

Reuters/Toru Hanai - A visitor looks at an electronic board showing Japan's Nikkei share average at the Tokyo Stock Exchange (TSE) in Tokyo June 13, 2013

Blog Post

Fed Policy, Stock Markets and Japan

June 13, 2013, Douglas J. Elliott

Douglas Elliott writes that the 6.4% fall in the Japanese stock market overnight, and the general retreat in global stock markets since late May, underline the importance of monetary policy for financial markets.

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