Taper Trouble

• Autores: Benn Steil
• Localización: Foreign Affairs, ISSN 0015-7120, Vol. 93, Nº. 4, 2014, págs. 54-61
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article discusses the international consequences of the U.S. Federal Reserve's (Fed's) policy regarding the paring back (tapering) of the Fed's monthly purchases of U.S. Treasury and mortgage-backed securities as of July 2014. America's economy and the nation's long-term interest rates are mentioned, along with private moneylending and yields involving longer-maturity U.S. bonds. Investors in Ukrainian bonds are assessed, as well as former U.S. Fed Chairman Ben Bernanke and the International Monetary Fund.