IMF Chief Cautions on Impact of High U.S. Rates on Emerging Markets

Tuesday, 30 April 2024, 07:59
The International Monetary Fund's chief is raising concerns over the potential risks posed to emerging markets by the current high interest rates in the United States. The sharp rise in benchmark rates in advanced economies post-Covid-19 is causing apprehension in the global financial landscape.
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IMF Chief Cautions on Impact of High U.S. Rates on Emerging Markets

IMF Chief Warns of Emerging Market Risk

The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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