Global challenges to dominant world currency
Political and economic changes across the globe are beginning to challenge the dominant world currency and are now posing a threat to the once pivotal role of the US...
Political and economic changes across the globe are beginning to challenge the dominant world currency and are now posing a threat to the once pivotal role of the US...
Inflation in the United States appears to have peaked, prompting the Federal Reserve to be cautious in raising interest rates, easing downward pressure on gold prices...
Major central banks have two main avenues to tighten financial conditions: higher rates and quantitative tightening.
Major central banks are pushing on with rate hikes and, from what we’ve already been told, the likes of the Fed, BoE and ECB will be unveiling new or further hikes in...
Many financial analysts doubt if there is any intervention to stop the US dollar from rising.
Speaking to Customs News, Assoc. Prof. Dr. Ngo Tri Long, former director of the Price and Market Research Institute (Ministry of Finance), said that the foreign exchange...
The FED suggested that, after two rate hikes this year, it would continue to raise rates in the coming months to keep inflation under control.
Most central banks want workers to keep wage demands down so that their economies do not enter a dangerous wage/price spiral. But there are already plenty of signs that...
The dollar looks set to stay at the front of the G10 currency pack as other countries, particularly in Europe, struggle with stagflation risks and the Fed pushes on with...
The Bloomberg investment-grade bond index and the MSCI global stock index are both down significantly. Will it slow the tightening of policy?
After two years of ultra-easy policy to sustain the economy hit severely by COVID-19, the FED became more hawkish. This had a significant impact on the Vietnamese and...
The Federal Reserve (FED) is massively behind the curve given the surge in inflation, and now it is in the process of catching up. This is, however, unlikely to go as...
The USD/VND exchange rate would countinue to rise slightly thanks to stable USD supplies.
Advanced country central banks are stepping up the pace of tightening to control runaway inflation. Higher rates weaken demand, but it is not excessive demand that is...
The rise in the US dollar in anticipation of a rate hike by the Federal Reserve (FED) could continue to weigh on gold prices.
It will likely lead to a choice whereby policymakers will have to decide whether to accept higher levels of inflation, or to drive economies into recession.
The US dollar seems set to stay in ascendancy in the short-term at least while the yen’s struggles persist.
Policymakers, particularly at the Fed, might decide to accept a bit more inflation than they have been used to in the past to try to ensure that the economy stays in the...
Could a fed funds rate of 2.4 percent suffice? Is it feasible that it will need a lot more, including big bond sales? This is, without a doubt, a difficult issue to...
The FED’s rate hike at March meeting led to some interesting discussions over whether Vietnam might follow the FED and raise its policy rates.
VND would slightly depreciate against USD in the short term, and keep its view for 2022F, said VNDirect.
The State Bank of Vietnam has been directed by the Government for many years to reduce lending interest rates. In the current effort towards economic recovery and...