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2 posts

Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost

June 26th, 2014 - Laura Bowen

Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies. More »

What Currency War?

April 25th, 2013 - Victor Chan

Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets. More »