Stage 4 resolution mechanism: CB first tightens to defend currency (raising rates), but economic damage forces reversal to easing + currency devaluation. The sequence is tighten → damage → ease+devalue. Watch for policy reversal as a signal.
Stage 4 resolution mechanism: CB first tightens to defend currency (raising rates), but economic damage forces reversal to easing + currency devaluation. The sequence is tighten → damage → ease+devalue. Watch for policy reversal as a signal.