Economics, Econometrics and Finance
4 years ago

Europe's interest rates swayed by FED announcements, impacting financial markets.

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RePEc: Research Papers in Economics
Are Europe's Interest Rates led by FED Announcements?
Andrea Monticini, Giacomo Vaciago

Paper Summary

The article investigates how announcements from the US Federal Reserve (FED) affect interest rates in Europe. By studying daily interest rates, the researchers found that FED announcements have a significant impact on European markets.

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