Central banks have powerful tools to affect national economies but they are being challenged by innovative financial practices
Irfan A. Qureshi
Irfan works on the team that produces ADB's Asian Development Outlook and conducts macroeconomic surveillance and monitoring. Prior to joining ADB, Mr. Qureshi was an Assistant Professor of Economics at the Lahore University of Management Sciences (LUMS) in Pakistan, and a consultant for the World Bank Group. He obtained his Ph.D. in Economics from the University of Warwick in the UK.
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After 500 days of trade conflict, policy uncertainty is growing worldwide and the negative effects are being felt.
Major news events, as well as monetary policy uncertainties in the United States, have a significant impact on Asian currencies, but not in the way that some might expect.