Posts From Nandini Rao
Why the UK can’t afford a Brexit
In this debate, GRI asked whether or not the UK should leave the EU. Nandini Rao argues that the uncertainty caused by Brexit would hurt growth and diminish the UK’s
Interest rates dip below zero for first time in Japan
The concept of negative rates that originated in Europe has now spread east. Just as customers of commercial banks earn interest on funds deposited with these banks, commercial banks normally
UK unlikely to change interest rates until Brexit decision
The rate hike cycle that appears to have started in the U.S. is not likely to cross the Atlantic anytime soon. In its first policy meeting of 2016, the Bank
The Fed finally moves
Markets have reacted calmly to the Fed’s first hike in nearly nine years but uncertainties loom ahead. On December 16th, the Federal Open Market Committee (FOMC) unanimously decided to raise
US rate hike makes emerging market corporate debt more fragile
For several months now, global markets and policymakers have waited for the FOMC’s periodic meetings nervously. The central bank of the world’s largest economy is preparing to raise interest rates from
Impacts of the yuan’s inclusion in the SDR currency basket
The IMF has now recognized the yuan as a global reserve currency but is the move largely symbolic? Last week, the IMF announced that the yuan (also called the renminbi)
