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Home > Multimedia > ANZ Michael Smith: Japan’s Role in “Tapering”

ANZ Michael Smith: Japan’s Role in “Tapering”

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19 Dec 2013
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Speaker: Michael Smith, Chief Executive Officer, Australia & New Zealand Banking Group

The effect of US-led tapering could be mitigated in the Asia Pacific by a continued access to liquidity from Japan, says Michael Smith, CEO of ANZ. He also says in an interview ahead of the Asian Financial Forum next month that easing has created excess liquidity and an adjustment in the value of the yen that has stimulated industry there “in a way that I have not seen in my business lifetime.”

Industry: Banking Services, Finance & Investment
Region: North America, Worldwide, Australasia, China, Hong Kong, Japan
Topic: Investment, Economic and Trade Overview, Economic/Trade Issues
Keyword: US-led tapering, liquidity, Rmb business, Japanese yen, global market, Investment, Economic and Trade Overview, Economic/Trade Issues

Related Links:
Asian Financial Forum
Australia and New Zealand Banking Group Limited

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