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the meaning of 'easing' in this sentence? Hi! In this sentence "JPY will watch on Kuroda speak next Tuesday for more signals on the easing cycle, alongside the headlines on trade talks." What 'signals on the easing cycle' mean? I guess it means 'signals that could stop the fall of JPY' because, at the beginning of this article, JPY dropped from recent high due to good progress from the trade talks and Brexit. <-And also in this sentence, is it okay to say 'I guess it's sth because, and blah blah? or is there a better way to say? Thank you in advance!
Oct 11, 2019 1:24 PM
Answers · 1
"Easing" is a monetary policy. It's when a central bank lowers interests rates to make it easier for businesses to borrow money. The "easing cycle" is the raising and lowering of interest rates over a long period of time.
October 11, 2019
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Chinese (Mandarin), English, Japanese, Korean
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Chinese (Mandarin), English