tag:blogger.com,1999:blog-6297413898275266606.post162640835010834485..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: An Exorbitant Privilegehishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-39741828625846540382015-05-12T08:40:07.429+08:002015-05-12T08:40:07.429+08:00@Kenny
Thanks!
1. The real dollar index is just ...@Kenny<br /><br />Thanks!<br /><br />1. The real dollar index is just the nominal index adjusted for inflation. It's a fairly standard measure, and the way the Fed calculates it constitutes international best practice.<br /><br />2. The Fed does not look at the international situation when deciding on monetary policy. Their dual mandate is to ensure price stability in the context of an hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-61087370046928926412015-05-10T22:05:18.816+08:002015-05-10T22:05:18.816+08:00Hi Hisham,
Some questions in my mind:
1. Wouldn&...Hi Hisham,<br /><br /><br />Some questions in my mind:<br />1. Wouldn't someone question the significance/purpose of the real broad dollar index?<br /><br />2. People seems to believe that the Feds will raise rates this year, however, given that domestic inflation in US is controlled and ECB's deposit rates is now negative, wouldn't the Fed be compelled not raising rates? what is the Kennyhttps://www.blogger.com/profile/08707073119562886887noreply@blogger.com