Record levels of liquidity were injected into the Australian and US economies by the Reserve Bank of Australia (RBA) and the US Federal Reserve System during the pandemic.
The RBA increased its balance sheet by 350% in 3 years, from January 2020 to January 2023 while the US Federal Reserve increased its balance sheet by 200% over the same period.
What will happen to #business #solvency and ease of access to debt in Australia and the US, as monetary settings are tightened?
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