Experience Stern | News & Events

Excerpt from Bloomberg -- "When the Fed eventually tightens credit, it risks causing financial-market turmoil similar to the 'tantrum' that occurred last year after the central bank said it was considering trimming its bond purchases, according to the paper, which was also written by Anil Kashyap of the University of Chicago, Kermit Schoenholtz of New York University’s Stern School of Business and Hyun Song Shin of Princeton University."

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