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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Format: | Article |
Language: | English |
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Association of Serbian Banks
2016-01-01
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Series: | Bankarstvo |
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Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2016/1451-43541601042K.pdf |