Detroit Regional Chamber’s Post

How can US presidential cycles help predict exchange rates? 🇺🇸 New research from Professor Pasquale Della Corte, explores the link between US exchange rates and the political party occupying the White House. Find out more in our latest #IBKnowledge 👇 https://imprl.biz/3Lc7dKx #GlobalMarkets #ExhangeRates #IBK #StockMarket

Did you know that there’s a Trump Risk Index❓ With Joe Biden officially dropping out of the US presidential race, Donald Trump awaits a new challenger. Until then, another Trump presidency seems likely. What could this mean for Europe and the rest of the world? The Economist Intelligence Unit developed the so-called Trump Risk Index (TRI). It uses quantitative indicators to measure the broad exposure of the US’s 70 largest trading partners (32 of which are European). The overall risk score is based on an assessment of vulnerability across three areas – trade, immigration, and security – where important policy changes under Trump are to be expected. Such policy changes include higher tariffs, trade restrictions, mandatory financial and material contributions to defence, and tighter border and security controls.

🤔 What is the primary function of the Federal Reserve (Fed) in the United States? 🏦 A. Fiscal Policy. B. Monetary Policy. C. Trade Regulation. ✍ Comment below with your best guess

The Monetary Policy Committee discusses the economic and monetary developments and the monetary policy stance at least every quarter. The analysis in the December 2023 Monetary Policy Report was used to support the committee in its latest decision to leave the pledging rate unchanged at 5.75%. In addition, it was decided to keep the policy on the reserve requirement, CD auctions, and investment rule unchanged.   Click the link for the December 2023 Monetary Policy Report:  https://lnkd.in/eCsHkjQJ #cbcs #curacao #sintmaarten #economicgrowth #pledgingrate #monetarypolicy #monetarypolicycommittee #mpc

One more suggested reading!

In September, the Monetary Policy Committee (MPC) decided to change the pledging rate for the first time since September 2023, by reducing it from 5.75% to 5.25%. This decision is based on the solid and stable foreign exchange position and import coverage in the monetary union, and the expected reduction of the federal funds rate. The analysis in the September 2024 Monetary Policy Report was used to support the MPC in this latest decision. You can download the Monetary Policy Report from our website at: https://lnkd.in/eCsHkjQJ #monetarypolicy #MPC #pledgingrate #economicgrowth #CBCS #curacao #sintmaarten

On April 11, 2024, the US Department of the Treasury issued, for notice and comment, proposed modifications (Proposed Rule) to certain Committee on Foreign Investment in the United States (CFIUS or Committee) regulations. In recent months, the US government has taken a number of actions to further enhance the enforcement of US national security objectives. The Proposed Rule is another example of the US government prioritizing and refining its national security authorities. #Energy #ForeignInvestment #Trade https://lnkd.in/eP5ktWU9

On April 11, 2024, the US Department of the Treasury issued, for notice and comment, proposed modifications (Proposed Rule) to certain Committee on Foreign Investment in the United States (CFIUS or Committee) regulations. In recent months, the US government has taken a number of actions to further enhance the enforcement of US national security objectives. The Proposed Rule is another example of the US government prioritizing and refining its national security authorities. #Energy #ForeignInvestment #Trade https://lnkd.in/eP5ktWU9

On June 11, 1935, amendments to the Federal Reserve Act were passed by the United States Congress. These amendments increased the power of the Federal Reserve Board and made significant changes to the structure and functions of the Federal Reserve System, aiming to improve the stability and effectiveness of the U.S. financial system. Follow BankQuality for more such updates. #federalreserve #financialhistory #uscongress #economicpolicy #bankingreform #financialstability #1935amendments #monetarypolicy #federalreserveact #financialsystem #bankinghistory #economicstability #usfinancialsystem #fedboard #federalreserveboard

The #SFTA published two circulars outlining the safe harbour interest rates applicable for 2024 earlier this week. Gain more insight in our latest blog. #interestrates