The Coming U.S. Interest Rate Tightening Cycle : Smooth Sailing or Stormy Waters?

The Coming U.S. Interest Rate Tightening Cycle : Smooth Sailing or Stormy Waters?

Since the global financial crisis, the exceptionally accommodative monetary policy stance of the U.S. Federal Reserve (Fed) has helped support activity, bolstered asset valuations, and reduced risk premia. In addition, it has been instrumental in boosting capital flows to emerging and frontier marke...

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Bibliographic Details
Main Authors: Arteta, Carlos, Kose, M. Ayhan, Ohnsorge, Franziska, Stocker, Marc
Format: Working Paper
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
long-term yields
growth prospects
economic fundamentals
Dollar strength
interest rates
business cycle
monetary policy
macroprudential policy
international policy coordination
tightening cycle
Online Access:http://hdl.handle.net/10986/22629

Internet

http://hdl.handle.net/10986/22629

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