News for hackers. Stuff that matters.

A comment on US Federal Reserve raises interest rates for first time since 2018. Parent comment

Re:US Federal Reserve raises interest rates for first time s... by MuffinFlavored on Wednesday March 16, 2022 @06:45PM (#30705102)
How did "printing lots of money" https://fred.stlouisfed.org/series/CURRCIR not spike USD to EUR? did EUR also print lots of money? https://finance.yahoo.com/quote/USDEUR=X/ basically unchanged 5 years ago -> now
[ Parent | on HN ]
Re:US Federal Reserve raises interest rates for first time s... by ThePhysicist on Wednesday March 16, 2022 @06:47PM (#30705117)
M3 has roughly tripled in the last 20 years, so yeah we've printed lots of money too.
[ Parent | on HN ]
Re:US Federal Reserve raises interest rates for first time s... by Amfy on Wednesday March 16, 2022 @07:11PM (#30705353)
EUR has negative interest. You pay to deposit money at banks. Yes, EUR has been printing a lot as well.

Also, from my understanding, EURUSD goes up/down mostly based on their difference in interest rates.

[ Parent | on HN ]
Re:US Federal Reserve raises interest rates for first time s... by MuffinFlavored on Thursday March 17, 2022 @12:30PM (#30712980)
If we haven't devalued our USD currency against the EUR because we printed while they also printed, is there a currency that we did devalue ourselves against (or a country that didn't devalue their own currency through printing?)

Does printing always actually equate to devaluation?

[ Parent | on HN ]