The popular 'carry trade' is unwinding — and economists fear Fed rate cuts could make matters worse
Tue Aug 6 , 2024
Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024. Richard A. Brooks | Afp | Getty Images Rapid interest rate cuts from the Federal Reserve could make matters worse for the global “carry trade” unwind, according to economists at TS Lombard. The warning comes as […]
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