September Outlook: Central banks stay vigilant as global growth slows

Learn what “higher rates for longer” may mean for FX markets as central bankers continue the fight to tame inflation.

Currency convo - Global FX - September 2023

A slowdown in growth in many developed economies combined with sticky inflation are fueling the “higher for longer” mantra that’s been roiling markets.

Efforts to tame inflation are creating tensions as interest rates in the developed world appear poised to remain at elevated levels — or even be raised higher — for a longer period than predicted. There’s also fresh volatility in currency markets as a result of wobbling key U.S. growth indicators, gloomy economic reports from Europe, and signs of distress from China’s property sector.

How can you navigate September’s complex trade environment? Start with Convera’s Global FX Outlook to unpack the effects of monetary decisions and preview key market events to monitor. Plus, unlock a wide range of future currency scenarios to help your business plan FX strategies with confidence.

Want even more insights into the trends shaping today’s payments landscape? Check out our latest on-demand webinar featuring Convera’s currency specialists.

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