EXCHANGE CORNER

View in your browser New white paper available US Economy: Unemployment, Policy, Debt, Rates, and Possible Inflation Read our newest white paper co-written by Chief Economist Blu Putnam and Senior Economist Erik Norland as they analyze how Covid-19 disrupted the US economy and its future implications. Read white paper US Policy Responses to Economic DistressIn … Read More

A New Era in Productivity and Mexico Has Room For More Rate Cuts By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group A New Era of Efficiencies and Innovation? Working from home has led to increased labor productivity. Supply chains could be reshaped to be closer to consumers. Companies could see heightened … Read More

Negative rates and Europe’s stable FX, bond markets By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Negative Rates: Four Real World Experiences Sluggish growth, low inflation led to adoption of negative rates. Four central banks, including ECB and BoJ, cut rates below zero. The goal was to increase credit flow, exports, … Read More

British pound’s Brexit orbit and do negative rates strengthen currencies? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group The British Pound, Brexit, and the Pandemic Long-term trend shows British pound is swayed by UK-EU Brexit talks. Pound falls against euro when UK and EU move toward a ‘no-deal’ Brexit. In turn, … Read More

Sweden exits negative rates & oil weakens Norway’s krone By Erik Norland, Senior Economist, CME Group Sweden’s Experiment with Negative Rates Sweden takes the lead in exiting negative interest rates. Sweden’s Q1 economic activity outperformed the Eurozone’s. Swedish exports likely to fall amid sluggish Eurozone growth. Krona has fallen 19% against euro, 34% vs. US … Read More