Easy money in US sparks foreign capital controls

11/27/2012 | Wall Street Journal, The

South Korea has launched another round of capital controls, aiming to curb foreign exchange forwards carried on banks' balance sheets. The move is expected to hamper banks' ability to act as counterparties for rapid capital inflows. Such inflows can be attributed to the Federal Reserve, but capital controls overseas could come back to haunt the US, according to The Wall Street Journal.

View Full Article in:

Wall Street Journal, The

Published in Brief: