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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Caceres, Carlos
Tác giả khác: Carriere-Swallow, Yan, Demir, Ishak, Gruss, Bertrand
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/195
Truy cập trực tuyến:Full text available on IMF