English Fed Tightening Can Have Different Impact

MONETARY POLICY

Fed Tightening Can Have Different Impact

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JAKARTA, KOMPAS — Morgan Stanley estimates that the US central bank (the Federal Reserve) will raise its benchmark interest rate seven times this year and next year. Not all of the Fed’s monetary tightening policies will have the same impact. The tightening cycles of 2004-2006 and 2013-2014 [...]