Central banks worldwide have been doing all they can to support their ailing economies in light of the Covid-19 pandemic.
Most central banks cut interest rates in a bid to stimulate economic growth during this time. This tactic, along with the injection of stimulus via governmental asset purchasing... عرض المزيد ترجم
A quick recap:
*Short term, e.g. recent news*
- the Fed brings forward their planned interest rate hike to 2023, possibly end of 2022 which strengthens the dollar
- the Fed's overnight repo hits $755B AND they raise their overnight repo rates to 0.05% and bank deposits stored at the Fed to 0.15%... عرض المزيد ترجم