Monetary Policy Predicts Currency Movements
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https://www.nber.org/papers/w33423
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The relative restrictiveness of a central banks supply of money predicts the raw and risk-adjusted returns of its currencyboth next month and at least three years into the future. Archived data, known by currency traders at the time, estimates central bank restrictiveness as a scaling of the
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美国国家经济研究局创建时间：
2025-02-01
