U.S. Monetary Policy Normalization and Global Interest Rates /
As the Federal Reserve continues to normalize its monetary policy, this paper studies the impact of U.S. interest rates on rates in other countries. We find a modest but nontrivial pass-through from U.S. to domestic short-term interest rates on average. We show that, to a large extent, this comoveme...
Hlavní autor: | |
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Další autoři: | , , |
Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2016.
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Edice: | IMF Working Papers; Working Paper ;
No. 2016/195 |
On-line přístup: | Full text available on IMF |