Kopi Time E12: Former Deputy Assistant Secretary at US Treasury Robert Dohner on Fed, IMF, Asia

In this highly informative and insightful podcast, former senior US Treasury official Dr. Robert Dohner illustrates the contrast between a lack of US political leadership in dealing with the pandemic at the global level against an energised Fed taking actions to ease USD funding conditions worldwide. He weighs in on the much talked about scenario of the Fed heading toward negative rates, and makes a series of meticulous arguments why that is unlikely. Dr Dohner shares his view on the role multilateral organizations like the IMF and World Banks are playing to address the financial and economic dimensions of the pandemic. He then sheds light on why he thinks Asia is relatively well placed to come out of the crisis.  He concludes with his perspective on how Donald Trump will deal with China in his second term versus the way a Biden administration would.