<html><body><p>There is clear empirical evidence that the <a href="https://quotes.tuteehub.com/tag/response-2533" style="font-weight:bold;" target="_blank" title="Click to read more quotes about RESPONSE">RESPONSE</a> of EME financial markets to different shocks, <a href="https://quotes.tuteehub.com/tag/including-4293" style="font-weight:bold;" target="_blank" title="Click to read more quotes about INCLUDING">INCLUDING</a> changes in U.S. <a href="https://quotes.tuteehub.com/tag/interest-2681" style="font-weight:bold;" target="_blank" title="Click to read more quotes about INTEREST">INTEREST</a> rates, depends importantly on the state of <a href="https://quotes.tuteehub.com/tag/economic-740" style="font-weight:bold;" target="_blank" title="Click to read more quotes about ECONOMIC">ECONOMIC</a> fundamentals in the EMEs themselves.</p></body></html>

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There is clear empirical evidence that the RESPONSE of EME financial markets to different shocks, INCLUDING changes in U.S. INTEREST rates, depends importantly on the state of ECONOMIC fundamentals in the EMEs themselves.

Author - Jerome Powell Subject - Shocks

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There is clear empirical evidence that the RESPONSE of EME financial markets to different shocks, INCLUDING changes in U.S. INTEREST rates, depends importantly on the state of ECONOMIC fundamentals in the EMEs themselves.

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There is clear empirical evidence that the RESPONSE of EME financial markets to different shocks, INCLUDING changes in U.S. INTEREST rates, depends importantly on the state of ECONOMIC fundamentals in the EMEs themselves.

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