①Interest-rate rises aredauntingbecause much of the world has got used to an era of almost-free money. ②No G7 central bank has set interest rates above 2.5% in over a decade. ③Back in 1990 all of them were above 5%. ④Cheap financing has come to seem like anindeliblefeature of r...
Uncovered interest-rate parity over the past two centuries We study the validity of uncovered interest-rate parity by constructing ultra-long time series that span two centuries. The forward-premium regressions yie... JR Lothian,L Wu - 《International Finance》 被引量: 250发表: 2003年 Uncovered...
Lothian, James R., & Liuren Wu, 2005, Uncovered interest-rate parity over the past two centuries, mimeo.Lothian, James R. and Liuren Wu (2005), "Uncovered Interest-Rate Parity over the Past Two Centuries", unpublished working paper Fordham University....
"Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective," the Federal Open Market Committee (FOMC), the Fed's policy-setting body, said in a statement. "The economic outlo...
Yields are up significantly—a reflection of the Federal Reserve’s sharp interest rate hike to cool inflation over the past year—enabling bonds to play their traditional role of providing income for those who buy and hold fixed-income securities to maturity. ...
"Inflation has eased notably over the past year but remains above our longer-run goal of 2 percent," Fed Chair Jerome Powell said at a press conference Wednesday afternoon. "The ongoing progress in bringing it down is unsure and the path forward is unsure." ...
"Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective," the Federal Open Market Committee (FOMC), the...
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent, as inflation continues to be cooling, hinting that a rate cut might come as soon as September. "Inflat...
The Federal Reserve kept its key interest rate unchanged for a third straight time, and signaled three cuts to the benchmark rate next year.
Interest rates can be influenced by thefederal funds rateset by theFederal Reserve, also known as the Fed. In this context, the federal funds rate is the rate at whichbankslend reserve balances to other banks overnight.2For example, during an economicrecession, the Fed typically will slash...