A new article in the Federal Reserve Bank of Richmond’s quarterly newsletter, Econ Focus, discusses the spillover effects of U.S. monetary policy on the economies of other countries. The article cites research conducted by Kenan Institute Director of Research Christian Lundblad, UNC Kenan-Flagler Business School Professor of Finance and UNC-Chapel Hill Professor of Economics Anusha Chari, and UNC graduate student Karlye Dilts Stedman on the effects of U.S. monetary policy shocks on emerging market countries over a period of 22 years.

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