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Republican U.S. vice presidential candidate JD Vance expressed his support for Donald Trump’s stance on giving presidents a say in Federal Reserve Board policy-making, particularly when it comes to interest-rate moves. This position was outlined during an interview on CNN’s “State of the Union” program, where Vance emphasized the importance of allowing political leaders to
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The relationship between interest rates and currency pairs is not always straightforward. While traditionally, higher rates on a currency should strengthen it, the actual market response can vary. Take, for example, the USD/YEN pair, which rallied after a rate hike on the yen. This unexpected outcome raises questions about how future rate hikes will impact
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