International parity conditions—Covered and Uncovered Interest Rate Parity, Forward Rate Parity, Purchasing Power Parity, and the International Fisher Effect—form the theoretical scaffolding ...

Journal of Economic Integration, Vol. 24, No. 2 (June 2009), pp. 369-384 (16 pages) There is a vast empirical literature rejecting uncovered interest parity(UIP) on the basis of regressions of the ...

A X-CCY Basis Index value near zero means that interest rate markets and FX markets are aligned in their expectations of forward FX prices. As of February 7, 2025, the X-CCY Basis Index was -0.49 ...

We study the behavior of Covered Interest Parity (CIP) deviations – aka the CIP basis - in Emerging Markets (EM). A major challenge in computing the CIP basis in EM’s lies in measuring local ...

That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% to 4.75% from its current 4.75% to 5% level.

To have a better understanding of how interest rates and APY would impact your money, here's an example: If you were to deposit $1,000 in an account earning a simple interest of 5% paid after ...

By last summer, interest rates had climbed to between 5.25% and 5.5%, their highest level in more than two decades. Sponsor Message. Inflation is slowing — but so is the job market.