IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-268-2_48.html

Research on the Raising Rates Policy of the Fed

In: Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)

Author

Listed:
  • Puyuan Cui

    (Northeast Forestry University)

Abstract

Due to the unique status of the U.S. dollar in the world, every time the Federal Reserve raises interest rates on the U.S. dollar, it will arouse global attention to it and will also affect the global economy. Raising the federal funds rate is the usual means for the United States to quell its inflation. In the process, as the U.S. dollar raises interest rates and returns to the country, it will cause currency depreciation and credit crises in many economies, which has led to many countries in the world. Questioning the intention of the US dollar to raise interest rates, some scholars in the academic circle believe that raising the federal funds rate is the last step for the US dollar to harvest the world. This paper selects relevant variables and uses methods such as vector autoregression and Granger causality test to try to explore which variables will be affected by the Fed's interest rate hike.

Suggested Citation

  • Puyuan Cui, 2024. "Research on the Raising Rates Policy of the Fed," Advances in Economics, Business and Management Research, in: Faruk Balli & Hui Nee Au Yong & Sikandar Ali Qalati & Ziqiang Zeng (ed.), Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023), pages 437-445, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-268-2_48
    DOI: 10.2991/978-94-6463-268-2_48
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-268-2_48. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.