Faculty News

Prof. Nouriel Roubini on why Fed policies won't have a big impact on some Latin American nations

Excerpt from Bloomberg TV -- "First of all, you have a bunch of countries that are fragile independent of the Fed, like Argentina and Venezuela and the domestic political and economic dynamic of it is going to matter more than what the Fed does... Secondly, I would say that within Latin America, there are some countries that are actually much more sensitive to the China risk rather than the Fed risk. Take, for example, Peru or Chile... For them, Fed normalization is not going to be a big shock."

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