A Global Monetary Snapshot: Policy Rates and Currencies
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In the last two weeks, the US Fed, the European ECB, the Banks of England, Australia, and Japan all had major monetary policy meetings. When it rains it pours, as they say. Photo by Osman Rana on Unsplash Remember, when one country raises interest rates it increases global demand for that currency, raising its (relative) value, but if every country raises interest rates together it shouldn’t change (relative) currency values.
A Global Monetary Snapshot: Policy Rates and Currencies
A Global Monetary Snapshot: Policy Rates and…
A Global Monetary Snapshot: Policy Rates and Currencies
In the last two weeks, the US Fed, the European ECB, the Banks of England, Australia, and Japan all had major monetary policy meetings. When it rains it pours, as they say. Photo by Osman Rana on Unsplash Remember, when one country raises interest rates it increases global demand for that currency, raising its (relative) value, but if every country raises interest rates together it shouldn’t change (relative) currency values.