Why currency markets appear erratic
Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign exchange markets, some of these voices may now be wondering if the Fed should resume its rate increases.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063