Fed Policy Tightening May Rattle Global Financial Markets, IMF Warns Nigeria, Others

Fed Policy Tightening May Rattle Global Financial Markets, IMF Warns Nigeria, Others

Obinna Chima The International Monetary Fund (IMF) advised emerging economies such as Nigeria to prepare for the United States’ interest rate hikes, warning that faster than expected Federal Reserve hike could rattle financial markets, trigger capital outflows and currency depreciation in the countries. In an article published by some of its staff yesterday, which was […]
Source: Fed Policy Tightening May Rattle Global Financial Markets, IMF Warns Nigeria, Others

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post culled from thisdaylive