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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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https://www.dallasfed.org/research/economics/2023/0808
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2023-08-08