Discussion Paper
U.S. Monetary Policy as a Changing Driver of Global Liquidity
Abstract: International capital flows channel large volumes of funds across borders to both public and private sector borrowers. As they are critically important for economic growth and financial stability, understanding their main drivers is crucial for both policymakers and researchers. In this post, we explore the evolving impact of changes in U.S. monetary policy on global liquidity.
Keywords: US monetary policy; liquidity; international capital flows;
JEL Classification: E5;
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Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Liberty Street Economics
Publication Date: 2017-10-11
Number: 20171011