The Iran cease-fire may be the ‘green light’ the Fed needs.

Nominal interest rates have real effects. Residential mortgages and other real world debt contracts require a sequence of constant nominal payments. Combined with payment-to-income constraints, these ...

A “real” interest rate accounts for the impact of inflation on a given rate of interest. It’s very important to your returns.

Discover how credit supply, demand, inflation, and monetary policy drive interest rate changes and impact your finances.

Most analysts would have argued, and we did, that EUR/USD should trade lower from this month’s Middle East energy shock. The ...