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Fed’s 1994 Rate Aggressiveness Led to Emerging-Market Turmoil; Is This Time Different?

Jonathan Davis, Michael B. Devereux and Changhua Yu

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: As the Federal Reserve embarks on a monetary tightening cycle, only a few spots of vulnerability have appeared among emerging markets.

Keywords: inflation; international economics; monetary policy; Mexico (search for similar items in EconPapers)
Date: 2022-07-12
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