Hélène Rey warns advanced economies are not safe from US spillovers

Economist shows policy rates are weakened by global spillovers

dudley-and-rey
William Dudley and Hélène Rey at the Banque de France

Even advanced economies are suffering from the spillovers resulting from US monetary policy, according to Hélène Rey, a professor of economics at the London Business School.

Rey, who has received multiple awards for her work on global finance, today expanded upon a paper she delivered at last year's Jackson Hole event.

Speaking at a symposium hosted by the Banque de France in Paris, she set out empirical evidence showing the Federal Reserve's policy-making, amplified by the dollar's role as

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