Cohen-Setton, Jeremie, (2015), “The then and now of tightening cycles”, Bruegel publications, 14 September
What’s at stake: This week the Fed will be considering whether to raise its interest rate for the first time in nearly a decade. In a volatile context, the outcome of the struggle between those who want to normalize policy ASAP and those who worry about moving too quickly will be watched closely as it could provide clues on the likely destination and speed of travel towards normalization.
Relevant Posts
- Malherbe, Frederic, (2015), “Optimal capital requirements over the business and financial cycles”, ECB Working Paper Series, No 1830-July 2015, 14 July
- Fernández-Villaverde, J., Garicano, L., Santos, T., (2013) “Political Credit Cycles: The Case of the Eurozone”, Journal of Economic Perspectives, Vol. 27, N3, pp. 145-66.