Emerging-market countries insulate themselves from Fed rate hikes

Abstract: Earlier episodes of sizable Fed tightening preceded destabilizing currency devaluations in emerging markets, precipitating sovereign debt and banking crises in many of those economies

Keywords: international economics; monetary policy; inflation; financial crises; Mexico; border region;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2023-08-08