By Selim Ali Elekdag and Gaston Gelos
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The outlook for further interest-rate increases by the US Federal Reserve revives interest in a compelling question: In an increasingly integrated global financial system, how much control do countries outside of the US retain over their economic policies? Continue reading
Filed under: Economic research, Financial markets, financial policy, Financial regulation, IMF, U.S. | Tagged: central banks, Chicago Board Options Exchange Volatility Index, equity, financial markets, financial volatility, Gaston Gelos, GFSR, Global Financial Stability Report, imfblog, Selim Ali Elekdag, U.S. interest rates, United States, US Federal Reserve, VIX | Leave a comment »