Stay updated with breaking news from Mark Sobel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The prospect of higher US interest rates, which the Fed is promising to deliver this year and next, has typically been a recipe for trouble in developing economies.
The good news for 2022 is there are reasons to think the fallout may be less severe this time.
This year opened with growing certainty that the Fed would raise rates three times this year. Now, markets are tilting heavily towards the view that it could be four.
THE International Monetary Fund’s (IMF) deployment of US$818bil (RM3.4 trillion), often without conditions, to help the world deal with the Covid-19 pandemic is spurring concern from some former officials that the institution is abandoning its focus as a hard-nosed lender of last resort for distressed economies.
The International Monetary Fund’s deployment of $818bn, often without conditions, to help the world deal with the Covid-19 pandemic is spurring concern from