Category: Interest Rate Parity

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interest rate level

Why Are Interest Rates Going Up?

Here is the argument as presented by CNBC and Bloomberg (and most Central Bankers): The exchange rate is plummeting! Therefore, we must raise interest rates. Happily, I can say that I understand the logic (it’s taken me a while). But I feel like I’m in the minority – mainly because there is a whole story […]

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