This is a subject about which little is said, but by raising its interest rates too quickly, the Fed could destabilize (increase in the cost of debt, capital flight) a lot of emerging countries whose economy depends a lot on the dollar.
This is a subject about which little is said, but by raising its interest rates too quickly, the Fed could destabilize (increase in the cost of debt, capital flight) a lot of emerging countries whose economy depends a lot on the dollar.
"Market movements this month have led to renewed fears that changes in US financial and monetary conditions will trigger a painful wave of capital flight from emerging markets, as happened in 2013. But times have changed, and the greatest _...Read More_
"Market movements this month have led to renewed fears that changes in US financial and monetary conditions will trigger a painful wave of capital flight from emerging markets, as happened in 2013. But times have changed, and the greatest _...Read More_