Explore the distinction between quantitative easing and currency manipulation, two different financial strategies impacting ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

Near the start of 2022, the U.S. Federal Reserve (the Fed) and many other central banks around the world had a problem: inflation. Rising costs, caused by the hangovers from the Covid-19 pandemic and ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

In modern financial markets, interest rates often move long before central banks act. Over the past week, one of the most ...

Expectations of lower energy prices would lead to lower inflation in the US, with expectations of lower interest rates over time, lifting asset prices and equities ...