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Federal Reserve Rate Normalization and Emerging-Market Risk

09.1.16

BY EDWARD CUIPA On 16 December 2015, the US Federal Reserve announced the first increase in the federal funds rate in almost a decade, hiking the target benchmark rate range by 0.25 percentage points to 0.25–0.50 percentage points.[i] The move impacts economic growth because the federal funds rate sets the rate at which banks can […]

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