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Why Inflation Will Dissipate | Bilal Hafeez

Forward Guidance

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The Changes After the Great Financial Crisis

Before 1997, many Asian currencies had their currencies pegged to the US dollar. But by early 2000s, a lot of those pegs were gone and instead you had managed floats. One of the reasons why outside of COVID, we haven't had as bigger moves is that interest rates have converged around the world.

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