联储加息周期与金融危机 cE3m Fed Tightening Cycle Financial Crisis Economy 1970 Penn Central (Jan) Recession 1974 Franklin National (May) Recession 1980 First Penn (Feb) Recession 1982 Latin America (Jul) Recession 1984 Continental lllinois (u) Mid-Cycle Slowdown 1987 Black Monday (Oct) Mid-Cycle Slowdown 1990 S&L Crisis (Apr) Recession 1995 Mexico (Feb) Mid-Cycle Slowdown 1997 Pac Rim (Aug) Mid-Cycle Slowdown 1998 Russia LTCM (Oct) Mid-Cycle Slowdown 2000 Nasdag Collapse (Oct) Recession 2007 Subprime (Aug) Mid-Cycle Slowdown 1111 联储加息周期与金融危机 Fed Tightening Cycle Economy 1970 Penn Central (Jan) Recession 1974 Franklin National (May) Recession 1980 First Penn (Feb) Recession 1982 Latin America (Jul) Recession 1984 Continental Illinois (Jul) Mid-Cycle Slowdown 1987 Black Monday (Oct) Mid-Cycle Slowdown 1990 S&L Crisis (Apr) Recession 1995 Mexico (Feb) Mid-Cycle Slowdown 1997 Pac Rim (Aug) Mid-Cycle Slowdown 1998 Russia / LTCM (Oct) Mid-Cycle Slowdown 2000 Nasdaq Collapse (Oct) Recession 2007 Subprime (Aug) Mid-Cycle Slowdown e Financial Crisis