Moody's: Fed rate rise would underscore US strength

Author: Greg Michalowski | Category: News

FOMC expected to ease for the first time in 9 years on Wednesday

They add that:
  • Emerging markets face risks to adverse capital flows and investors sentiment
  • direct impact on US economy should be minimal.
  • Emerging mkts that would likely be affected the most would be Russia, Brazil , Turkey to to some extent So. Africa.
  • Fed rate is signal US economy is on track.

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