Bora Durdu, Alex Martin and Ilknur Zer
The Role of U.S. Monetary Policy in Global Banking Crises
Federal Reserve Board, 2019
What's inside?
US monetary policy spreads global ripples into the advanced and emerging economies.
Recommendation
The Federal Reserve's monetary policy holds implications not just for the United States but for the global economic architecture. Central bankers abroad must respond to American monetary activities by deploying their own resources as a means to achieve their distinctive policy objectives. Writing for the Federal Reserve Board, economists Bora Durdu, Alex Martin and Ilknur Zer examine the role of US monetary policy as it relates to financial stability in other nations. Financial professionals, economists and policy experts will appreciate the insightful analysis and comprehensive research contained in this authoritative report.
Summary
About the Authors
Bora Durdu, Alex Martin and Ilknur Zer are economists with the Federal Reserve Board.
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