Us Federal Reserve

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive. China maintained one of the highest economic growth rates in the world for more than a quarter of a century, helping lift over 800 million people out of poverty in just a...

Tuugi Chuluun Associate Professor of Finance, Loyola University Maryland·11 months ago

Fed rate hikes, recession fears and political backlash leave ESG investors at a crossroads

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, ...

Sehoon Kim Assistant Professor of Finance, University of Florida·12 months ago

The US dollar is getting stronger: African countries are feeling the pain and have few policy options

A stronger dollar tightens trade financing conditions, constraining access to financing for firms. This offsets any improvement in export competitiveness, further dampening foreign trade

Jonathan Munemo -Professor of Economics, Salisbury University·over 1 year ago