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

Discover economic factors leading to currency depreciation, including trade dynamics, interest rates, and political stability ...

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 ...