Global Race to Tapering Ignites Hunt for Next Currency Winners
Jill Ward and Anchalee Worrachate, Bloomberg News Pedestrians use a footbridge with the skyscraper office buildings of the Moscow International Business Center (MIBC), also known as Moscow City, beyond in Moscow, Russia, on Sunday, May 2, 2021. Facing a rising wave of Covid-19 infections and a vaccination rate that isnât keeping up, the Kremlin is trying to contain the epidemic without alarming Russians. , Bloomberg
(Bloomberg) Global central banks are starting to wind down the trillion-dollar money printing machines set in motion to rescue their economies in 2020. Getting ahead of them is becoming this yearâs biggest currency trade.