Friday - July 3, 2026
Fed: How Resilient Were Emerging Market Economies Through the 2022-23 U.S. Monetary Tightening Cycle?
July 03, 2026
WASHINGTON, July 3 -- The Federal Reserve issued the following Fed Notes article:

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How Resilient Were Emerging Market Economies Through the 2022-23 U.S. Monetary Tightening Cycle?

By Shaghil Ahmed, Ozge Akinci, and Albert Queralto/1

1. Introduction

The cross-border spillover effects of shifts in U.S. monetary policy have long been a focus of academics and policymakers alike. A common finding in the literature is that changes i . . .

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