Inflation is not the Fed's only problem

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000cam a22000004b 4500</leader>
    <controlfield tag="001">MAP20220001632</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20220121111835.0</controlfield>
    <controlfield tag="008">220120s2021    che||||       ||| ||eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
      <subfield code="d">MAP</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">921</subfield>
    </datafield>
    <datafield tag="100" ind1="1" ind2=" ">
      <subfield code="0">MAPA20180014208</subfield>
      <subfield code="a">Saner, Patrick</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">Inflation is not the Fed's only problem</subfield>
      <subfield code="c">Patrick Saner</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">Zurich</subfield>
      <subfield code="b">Swiss Re Institute</subfield>
      <subfield code="c">2022</subfield>
    </datafield>
    <datafield tag="300" ind1=" " ind2=" ">
      <subfield code="a">2 p</subfield>
    </datafield>
    <datafield tag="490" ind1="0" ind2=" ">
      <subfield code="a">Issue 2/2022</subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">The US Federal Reserve's hawkish shift shows its concern around inflation. But the Fed is increasingly in a "lose-lose" situation: if it needs to be more aggressive to rein in inflation, it could cause an asset shock. If inflation moderates and interest rates do not rise much, the Fed will have less of an interest rate buffer for the next downturn. In any case, 2022 is the year of policy tightening and this matters a great deal for financial markets and the insurance industry alike.</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080546915</subfield>
      <subfield code="a">Economía</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080586850</subfield>
      <subfield code="a">Política económica</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080551346</subfield>
      <subfield code="a">Inflación</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080538217</subfield>
      <subfield code="a">Banca</subfield>
    </datafield>
    <datafield tag="651" ind1=" " ind2="1">
      <subfield code="0">MAPA20080638337</subfield>
      <subfield code="a">Estados Unidos</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20170013402</subfield>
      <subfield code="a">Swiss Re Institute</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20160006292</subfield>
      <subfield code="a">Reserva Federal de Estados Unidos</subfield>
    </datafield>
  </record>
</collection>