Jun 155 min readGlobal MarketsUnwinding the JPY-USD Carry TradeFor many years, investors have actively engaged in the carry trade between the Japanese yen (JPY) and the US dollar...
May 915 min readGlobal MarketsDecoding the Neutral Rate: Unveiling Economic Equilibrium and Policy ImplicationsThe natural rate of interest is a central concept that helps us understand macroeconomic relationships and the effects of monetary policy...