Effects of raising US interest rates on global FX markets

Following the global financial crisis of 2008, many countries decreased their domestic interest rates as a means of stimulating economic growth, while also providing protection from substantial default on debt. Low interest rates reduce the incentive to save, prompting consumers to purchase assets,...

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Bibliographic Details
Main Author: Kožul Nataša
Format: Article
Language:English
Published: Association of Serbian Banks 2016-01-01
Series:Bankarstvo
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2016/1451-43541601042K.pdf