"/>

亲亲发出吧唧吧唧的声音,美国女子监狱,av 丝袜 欧美 老 另类 亚洲,国色天香久久久久久久小说

Euro area to benefit from dollar interest rate in short term: study

Source: Xinhua    2018-03-22 05:13:44

BERLIN, March 21 (Xinhua) -- Euro area states can benefit from an interest rate increase in the U.S. in the short term, a study released by the German Institute for Economic Research (DIW Berlin) on Wednesday showed.

A statement of DIW Berlin said hikes in the U.S. interest rate go hand in hand with the appreciation of the U.S. dollar, which automatically leads to a devaluation of the euro against the dollar.

Thanks to the devaluation of the euro, exports of euro area states would rise to the extent that they are able to overcompensate for the negative demand effect from the United States, it noted.

The increase in export demand caused by the devaluation of the euro would be able to trigger a short-term expansive effect before the interest rate hike counteracts the expansion in the euro area and slows down the economy's momentum, the Berlin-based think tank said.

"The positive effect would only be temporary. But our findings should reduce concerns that a hike in the U.S. benchmark interest rate would result in spillover effects and weaken the euro area economically," DIW economist Max Hanisch noted.

Meanwhile, DIW also stated that the DIW study is an empirical, structural analysis that examined the average relationship between the U.S. monetary policy and the euro area countries prevailing between 1999 and 2015. Alongside monetary policy, a number of other variables could influence economy in the euro area and the exchange rate.

Editor: Mu Xuequan
Related News
Xinhuanet

Euro area to benefit from dollar interest rate in short term: study

Source: Xinhua 2018-03-22 05:13:44

BERLIN, March 21 (Xinhua) -- Euro area states can benefit from an interest rate increase in the U.S. in the short term, a study released by the German Institute for Economic Research (DIW Berlin) on Wednesday showed.

A statement of DIW Berlin said hikes in the U.S. interest rate go hand in hand with the appreciation of the U.S. dollar, which automatically leads to a devaluation of the euro against the dollar.

Thanks to the devaluation of the euro, exports of euro area states would rise to the extent that they are able to overcompensate for the negative demand effect from the United States, it noted.

The increase in export demand caused by the devaluation of the euro would be able to trigger a short-term expansive effect before the interest rate hike counteracts the expansion in the euro area and slows down the economy's momentum, the Berlin-based think tank said.

"The positive effect would only be temporary. But our findings should reduce concerns that a hike in the U.S. benchmark interest rate would result in spillover effects and weaken the euro area economically," DIW economist Max Hanisch noted.

Meanwhile, DIW also stated that the DIW study is an empirical, structural analysis that examined the average relationship between the U.S. monetary policy and the euro area countries prevailing between 1999 and 2015. Alongside monetary policy, a number of other variables could influence economy in the euro area and the exchange rate.

[Editor: huaxia]
010020070750000000000000011105091370557381
主站蜘蛛池模板: 宁明县| 新和县| 林口县| 广汉市| 龙里县| 建水县| 哈巴河县| 安阳县| 梅州市| 师宗县| 福清市| 定日县| 沾益县| 津南区| 甘孜县| 昌吉市| 页游| 朝阳区| 合川市| 镇康县| 贡山| 佛坪县| 花莲县| 明水县| 卓尼县| 商水县| 兴隆县| 微博| 喀喇| 普安县| 永州市| 孟连| 乐业县| 青铜峡市| 碌曲县| 吉木萨尔县| 沈丘县| 炉霍县| 周至县| 巨鹿县| 聂拉木县|