Image: Liberty Street EconomicsHow Resilient Were Emerging Market Economies Through the 2022-23 U.S. Monetary Tightening Cycle? - Liberty Street Economics
• Researchers at Liberty Street Economics analyzed the resilience of emerging market economies (EMEs) during the U.S. monetary tightening cycle of 2022-23. • The study found that EMEs generally performed better in financial markets than predictive models suggested, with "more vulnerable" economies showing the most significant outperformance. • Economic activity results were mixed: vulnerable economies exceeded expectations, while less vulnerable economies performed worse than predicted.
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