Meanwhile, currencies of multiple other Asian countries have also shown similar trends. Asian currencies such as the Indian rupee, Indonesian rupiah, Malaysian ringgit, Vietnamese rupiah, and Philippine peso have all continued to show a downward trend. The Bank of Indonesia recently raised three maj...
And, as of November, the US headline unemployment rate is sitting right on its 60+ year average of 5.8%. What looks weak here relative to history? What warrants accommodation? Of course, the Fed’s decision also depends largely on inflation and inflation expectations, which may not take as...