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(1) If the Fed Hikes, How Should EMs Respond? (3 min read)
Fed Chair Jerome Powell has taken a hawkish stance towards high inflation. We review this new Fed paper examining what higher US rates mean for EMs, depending on whether it is a demand- or inflation- driven rate hike.
(Sam van de Schootbrugge│28th July, 2021)
Dash for dollars (BoE, 32 page read)
COVID-19, Productivity and Reallocation: Timely evidence from three OECD countries (OECD, 30 page read)
How Green are Green Debt Issuers? (IMF, 22 page read)
Treasury Richness (NBER, 25 page read)