Long and Variable Lags: Second-Quarter Currency Update
In this session, Karl Schamotta will explore the possibility of a breakdown in cross-national monetary policy coordination as critical differences in household and business balance sheets force central banks to respond in sharply divergent ways
US dollar slips as investors price in end of rate-hike cycle
“Expected growth differentials have narrowed slightly against the dollar in the last few hours, with better-than-expected purchasing manager indices pointing to more resilient economic activity in the UK and euro area,” said Karl Schamotta.
