Fed tapering news and emerging markets

Fed tapering news and emerging markets
复制标题

美联储缩减开支的消息和新兴市场

DOI:
--
复制
发表时间:
2014
期刊:
FRBSF Economic Letter
影响因子:
--
通讯作者:
Fernanda Nechio
Fernanda Nechio
中科院分区:
--
文献类型:
--
作者:
Fernanda Nechio

文献摘要

被引文献

相似文献

2013年,联邦公开描述了缩减并最终结束其高度谨慎的货币政策的条件。一些新兴市场国家随后经历了资本流入的急剧逆转,导致货币大幅贬值。但其他人没有。各国金融市场反应的差异似乎与经济状况的差异有关,这在一定程度上反映了一个国家在美联储缩减言论之前的政策。
In 2013, the Federal Reserve publicly described conditions for scaling back and ultimately ending its highly accommodative monetary policy. Some emerging market countries subsequently experienced sharp reversals of capital inflows, resulting in sizable currency depreciation. But others did not. Variations in financial market reactions from one country to another appear to have been related to differences in economic conditions, which partly reflected a country’s policies before the Fed’s tapering comments.