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.
A subject of debate: is economic policy uncertainty holding back a stronger post-Great Recession recovery?
Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets.
Will new regulations make the financial system safe or just ineffective?
Improved disclosure of financial information and compensation schemes that tie executive pay to credit quality could help avoid another financial collapse.
The Great Recession has meant $1.069 trillion less in consumer expenditures. And consumers still aren’t feeling confident.
The Federal Reserve continues to deal with the aftermath of the financial crisis. A top official in the Chicago branch details how they are working to prevent another.