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The decision to continue tapering was made as emerging market currencies in Turkey and Argentina were driven down on currency markets in Jan. 2013. The loss of value for the Turkish lira was attributed to political uncertainty and large current account deficit. In Argentina the loss of value for the peso was attributed to high inflation of over 20% annually. The Fed's Open Market Committee continued gradual tapering to present a clear and consistent signal to financial markets.
Grouped Articles
Citing Growth, Fed Again Cuts Monthly Bond Purchases
New York Times 01/29/2014
Inflation Below Fed Target for 22nd Month in a Row
Wall Street Journal 03/29/2014
Grouped Articles
Martin Feldstein: The Federal Reserve's Policy Dead End
Wall Street Journal 05/09/2013
Once Again, the Fed Shies Away From the Exit Door
Wall Street Journal 07/11/2013
Bhidé and Phelps: Central Banking Needs Rethinking
Wall Street Journal 07/16/2013
New York Times 12/08/2013
Citing Growth, Fed Again Cuts Monthly Bond Purchases
New York Times 01/29/2014
Lesson for Fed: Higher Interest Rates Haven’t Been Sticking
Wall Street Journal 09/14/2015
Grouped Articles
Fed Officials Try to Set the Market at Ease
Wall Street Journal 06/24/2013
Wall Street Journal 07/11/2013
FX HORIZONS: The Fed’s Risky Codependency with Markets
Wall Street Journal 07/11/2013
Once Again, the Fed Shies Away From the Exit Door
Wall Street Journal 07/11/2013
Bhidé and Phelps: Central Banking Needs Rethinking
Wall Street Journal 07/16/2013
Bernanke Plays Down Link Between Jobless Rate, Fed Moves
Wall Street Journal 07/18/2013
Grouped Articles
India's Central Banker Lobbies Fed
Wall Street Journal 10/13/2013
Citing Growth, Fed Again Cuts Monthly Bond Purchases
New York Times 01/29/2014
Wall Street Journal 09/16/2012
How Bernanke Pulled the Fed His Way
Wall Street Journal 09/28/2012
Fed Move Could Aid Emerging Markets
Wall Street Journal 10/01/2012
Bernanke Takes On Critics of Fed Policy
Wall Street Journal 10/01/2012
Grouped Articles
Citing Growth, Fed Again Cuts Monthly Bond Purchases
New York Times 01/29/2014
Federal Reserve’s Bond-Buying Fades, but Stimulus Doesn’t End There
New York Times 06/19/2014
Fed, Confident in Economy, Details End of Bond-Buying Program
New York Times 07/09/2014
Yellen Says Job Market Improving, but Noncommittal About Policy Effect
Wall Street Journal 08/22/2014
Fed Says It Will Be ‘Patient’ on Interest Rate Timing
New York Times 12/17/2014
Dear Fed, Please Be Late To the Rate-Raising Party
Wall Street Journal 01/12/2015
The impact on the Indian rupee of the U.S. Federal Reserve's monetary policy.
Grouped Articles
Rajan Has Limited Rupee Options
Wall Street Journal 08/06/2013
Indian Markets Battered by Signs of End to Easy Money
Wall Street Journal 08/17/2013
Rupee's Slide Lures Indian Expats' Cash
Wall Street Journal 08/20/2013
As India's Rupee Drops, Foreign Firms Reel
Wall Street Journal 08/20/2013
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/2013
Rupee Throws Oil on India's Subsidy Problem
Wall Street Journal 08/21/2013
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