Central bankers warn of US election risks

Danger of tariffs and supply chain disruptions, Central Banking Summer Meetings hear


The sizes of central bank balance sheets will not return to pre-pandemic levels, a former governor of a major Asian central bank said at the Central Banking Summer Meetings on June 12.

The ex-governor said the US presidential elections could lead to trade tariffs and a disruption to global supply chains. Semiconductors are of particular concern, as geopolitical destabilisation in Asia could interrupt the delicate semiconductor supply chain, leading to worldwide economic decline.

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