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WASHINGTON (AP) — With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies —
With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies — a delay that could put the economy at heightened risk
The information content of capital controls Image Capital controls, residency-based or currency-based measures used to regulate cross-country financial flows, are increasingly considered part of the standard financial stability policy toolkit for many emerging markets and developing economies (EMDEs). During the first quarter of 2020, the COVID-19 crisis caused unprecedented capital outflows from EMDEs, further highlighting the need for better understanding of capital flow management. A widely held view in the recent academic literature and policy institutions is that national authorities can...