Even with the real’s attractive carry-to-vol profile, UBS argues that fiscal risks and the prospect of lower domestic rates will limit BRL strength. The bank keeps its USD/BRL targets unchanged at ...
Was the recent decline in real interest rates driven by a diminishing natural real interest rate, or have we observed a long sequence of shocks that have pushed market rates below the equilibrium ...
ORLANDO, Florida, Sept 10 (Reuters) - The dollar has been beaten down this year as investors have priced in a resumption of the Federal Reserve's rate-cutting cycle. But even if lower nominal rates ...
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