Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.

U.S. interest rates look too high, relative to inflation. A compelling argument can be made that U.S. interest rates are higher than they “should” be relative to inflation. The implication of that ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...