The U.S. has long abused its monetary policy, putting its interests first and enjoying the benefits while other nations bear the brunt.
The U.S. Fed’s hawkish stance and possible reluctance to lower rates even in 2024 would mean that bond yields would remain high.
The Fed must perpetually find a balance between having the lowest rate of employment possible and keeping inflation under control.
Most sub-Saharan African currencies have weakened against the U.S. dollar, fanning inflationary pressures across the continent.
We still don't have a financial crisis, but that could quickly change.
[T]he Fed has failed to predict and take preemptive action against inflation because it was used to the stability of the past 30 years.
it is ... a time to either panic or to take advantage of opportunities.
It is hard to deny that one of the main causes of the global financial market's current turmoil lies in the U.S.' ... monetary policy.
[A] yield curve that has been as strongly inverted as that in the U.S. is also considered a sign of an impending recession.