To Hike or not to Hike: Is that an Option for Latin America? Assessing Monetary Policy Autonomy

Demir, Ishak and Gruss, B. and Caceres, C. and Carrière-Swallow, Y. (2015) To Hike or not to Hike: Is that an Option for Latin America? Assessing Monetary Policy Autonomy. Technical Report. International Monetary Fund..

Full content URL: https://blogs.imf.org/2015/10/21/to-hike-or-not-to...

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Regional-Economic-Outlook-Western-Hemisphere7
Regional Economic Outlook OCT 2015, Chapter 3.
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Abstract

While Latin America experiences a sharp economic slowdown, a stronger U.S. economy is setting the stage for the Federal Reserve to continue normalizing its monetary stance. This chapter 3 in REO quantifies the likely impact and possible risks for domestic financial conditions in Latin America, and explores to what extent its central banks will be able to keep rates aligned with domestic objectives. It also sheds light on the policies that can serve to enhance monetary autonomy in the future.

Keywords:Monetary Policy Autonomy, Latin America, Monetary policy, global shocks
Subjects:L Social studies > L113 Economic Policy
L Social studies > L130 Macroeconomics
Divisions:Lincoln International Business School
ID Code:32577
Deposited On:04 Sep 2018 14:37

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