As Fed raises i.r. unleashes pressure across world. EM/LIC feel it. Fx markets, yen/$ -> calculus of Jp investors in

As Fed raises i.r. unleashes pressure across world. EM/LIC feel it. Fx markets, yen/$ -> calculus of Jp investors in USTR. Will this lead to an immediate crisis? No. But blowback is qualitatively different because impacts core US markets. Chartbook #113
adamtooze.substack.com/p/chartbook-11… https://t.co/k7xZzEDzis

related posts