The University of Chicago

Treasury bonds

  • Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost

    Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost

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    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.

  • Credit Stagnation in the MENA

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    Bassam Aoun

    Credit market recovery in the Middle East and North African region will lag global economic recovery. Economic shortfalls are likely throughout the region and policymakers must take actions to dampen adverse effects.