How Resilient Were Emerging Market Economies Through the 2022-23 U.S. Monetary Tightening Cycle?
Shaghil Ahmed,
Ozge Akinci and
Albert Queraltó
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Albert Queraltó: https://www.federalreserve.gov/econres/albert-queralto.htm
No 2026-07-02, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
The cross-border spillover effects of shifts in U.S. monetary policy have long been a focus of academics and policymakers alike. A common finding in the literature is that changes in the stance of U.S. monetary policy have sizable effects on economic activity and financial markets in emerging market economies (EMEs).
Date: 2026-07-02
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Working Paper: How Resilient Were Emerging Market Economies Through the 2022‑23 U.S. Monetary Tightening Cycle? (2026) 
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103517
DOI: 10.17016/2380-7172.4124
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