Less chance of “taper tantrum” in emerging markets – Dallas Fed paper

Federal Reserve Bank of Dallas
Photo: Andreas Praefcke

Large developing economies are better positioned to weather a taper of Federal Reserve asset purchases than they were in in 2013, a new paper argues.

Emerging markets have enough foreign exchange reserves to adjust should dollar financing start flowing back to the US, J Scott Davis says in an article published by the Dallas Fed.

The original “taper tantrum” began in 2013, when Federal Reserve chair Ben Bernanke first hinted at reducing quantitative easing. This caused dollars to flow back to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: