Liberty Street Economics
Return to Liberty Street Economics Home Page

64 posts on "Exchange Rates"
August 18, 2015

Liquidity during Flash Events

“Flash events,” extremely large price moves and reversals over just a few minutes, have occurred in some of the world’s most liquid markets in recent years.

August 12, 2015

Do Asset Purchase Programs Push Capital Abroad?

Thomas Klitgaard and David O. Lucca Euro area sovereign bond yields fell to record lows and the euro weakened after the European Central Bank (ECB) dramatically expanded its asset purchase program in early 2015. Some analysts predicted massive financial outflows spilling out of the euro area and affecting global markets as investors sought higher yields […]

July 17, 2015

The Effect of the Strong Dollar on U.S. Growth

The recent strengthening of the U.S. dollar has raised concerns about its impact on U.S. GDP growth.

May 27, 2015

The Eurodollar Market in the United States

In February, the Federal Reserve Bank of New York’s trading desk announced it will publish a new overnight bank funding rate early next year.

February 6, 2015

Highlights from the Global Research Forum on International Macroeconomics and Finance

International financial flows are a key feature of the global landscape and are relevant in many ways for central banks.

January 14, 2015

FRN Follow‑Up: Who Are the Market Participants?

Ezechiel Copic, Luis Gonzalez, Caitlin Gorback, Blake Gwinn, and Ernst Schaumburg On January 29, 2014, the U.S. Treasury held its first auction of a two-year floating-rate note (FRN), which pays a fixed spread over the floating thirteen-week bill rate rather than a fixed coupon. In this post, we investigate the aftermath of the January auction […]

Posted at 7:00 am in Exchange Rates | Permalink
December 8, 2014

Global Asset Prices and the Taper Tantrum Revisited

Global asset market developments during the summer of 2013 have been attributed to changes in the outlook for U.S. monetary policy, starting with former Chairman Bernanke’s May 22 comments concerning future curtailing of the Federal Reserve’s asset purchase programs.

December 5, 2014

Interest Rate Derivatives and Monetary Policy Expectations

Market expectations of the path of future policy rates can have important implications for financial markets and the economy.

November 24, 2014

Bitcoin: How Likely Is a 51 Percent Attack?

Rod Garratt and Rosa Hayes In June 2014, the mining pool Ghash.IO briefly controlled more than half of all mining power in the Bitcoin network, awakening fears that it might attempt to manipulate the blockchain, the public record of all Bitcoin transactions. Alarming headlines splattered the blogosphere. But should members of the Bitcoin community be […]

Posted at 7:00 am in Exchange Rates, Financial Markets | Permalink
September 5, 2014

Crisis Chronicles: The British Export Bubble of 1810 and Pegged versus Floating Exchange Rates

In the early 1800s, Napoleon’s plan to defeat Britain was to destroy its ability to trade.

Posted at 7:00 am in Crisis, Exchange Rates, Exports | Permalink
About the Blog

Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

Liberty Street Economics does not publish new posts during the blackout periods surrounding Federal Open Market Committee meetings.

The views expressed are those of the authors, and do not necessarily reflect the position of the New York Fed or the Federal Reserve System.

Economic Research Tracker

Image of NYFED Economic Research Tracker Icon Liberty Street Economics is available on the iPhone® and iPad® and can be customized by economic research topic or economist.

Economic Inequality

image of inequality icons for the Economic Inequality: A Research Series

This ongoing Liberty Street Economics series analyzes disparities in economic and policy outcomes by race, gender, age, region, income, and other factors.

Most Read this Year

Comment Guidelines

 

We encourage your comments and queries on our posts and will publish them (below the post) subject to the following guidelines:

Please be brief: Comments are limited to 1,500 characters.

Please be aware: Comments submitted shortly before or during the FOMC blackout may not be published until after the blackout.

Please be relevant: Comments are moderated and will not appear until they have been reviewed to ensure that they are substantive and clearly related to the topic of the post.

Please be respectful: We reserve the right not to post any comment, and will not post comments that are abusive, harassing, obscene, or commercial in nature. No notice will be given regarding whether a submission will or will
not be posted.‎

Comments with links: Please do not include any links in your comment, even if you feel the links will contribute to the discussion. Comments with links will not be posted.

Send Us Feedback

Disclosure Policy

The LSE editors ask authors submitting a post to the blog to confirm that they have no conflicts of interest as defined by the American Economic Association in its Disclosure Policy. If an author has sources of financial support or other interests that could be perceived as influencing the research presented in the post, we disclose that fact in a statement prepared by the author and appended to the author information at the end of the post. If the author has no such interests to disclose, no statement is provided. Note, however, that we do indicate in all cases if a data vendor or other party has a right to review a post.

Archives