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 ...

Early morning on December 27th, the State Bank of Vietnam announced that the central exchange rate of the Vietnamese Dong ...

WASHINGTON, DC: Federal Reserve Bank Chair Jerome Powell. Photo by Chip Somodevilla/Getty Images. The U.S. Federal Reserve left the federal funds rate unchanged in a range between 4.25% and 4.50% on ...

Monitoring the interest rate climate for homebuyers and owners hoping to refinance can easily become a daily activity. And in the interest rate climate of recent years, it was often a disappointing ...

After Japan’s bubble economy burst in the late 1980s and interest rates were subsequently slashed, carry trades and overseas investment boomed. As the Bank of Japan starts to raise Japan’s ...