On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1780 as compared to Friday's fix of 7.1760 and 7.2496 Reuters estimate.
Among its new deals, NatWest is offering a fee-free purchase rate at 4.8% for borrowers with a 10% cash deposit (90% loan to ...
Most major stock indexes across the globe ended lower on a weekly basis. Investors assessed key economic data, mixed ...
The other key factor determining when the Fed will next cut interest rates is inflation, particularly given the potential inflationary impact of Trump's policies. Friday's data on February PCE ...
What is the optimal monetary policy response to tariffs? This paper explores this question within an open-economy New Keynesian model and shows that the optimal monetary policy response is ...
The literature since Leeper (1991) has focused on two regimes: monetary dominance and fiscal dominance. In both cases, one policy is active while the other is passive and accommodates the former. We ...