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Has the Dollar Become More Sensitive to Interest Rates
| Content Provider | Semantic Scholar |
|---|---|
| Author | Fernald, John Gregg Mertens, Thomas M. Shultz, Patrick |
| Copyright Year | 2017 |
| Abstract | Interest rates in the United States have diverged from the rates of other countries over the past few years. Some commentators have voiced concerns that, as a result, exchange rates might be more sensitive to unanticipated changes in U.S. interest rates now than they were historically. However, an examination of market-based measures of policy expectations finds no convincing evidence that the U.S. dollar has become more sensitive since 2014. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.frbsf.org/economic-research/files/el2017-18.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
