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 ...

A country often issues monetary policy impacting national interest rates to achieve specific economic goals. Whether the country is attempting to promote job creation or stem inflation, the country is ...

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 ...

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 ...