Fed Unlikely to Move Until June, Citigroup Global's Chua Says

The video discusses the Federal Reserve's current strategy of patience due to benign inflation, with rate hikes expected in June and September. It highlights global economic changes, including the impact of the China slowdown and negative inflation surprises in Asia. Central banks, like the Bank of Korea and Bank of Japan, are adjusting expectations. The Wall Street Journal reports potential slowing of balance sheet runoff, which could positively impact risk assets. Central banks have multiple instruments to influence markets, which remain sensitive to policy changes.

What are the implications of the Bank of Korea's recent suggestions on the global economy?

Discuss the potential impact of slowing down the balance sheet runoff as mentioned in the text.