Emerging markets primed for Fed rate hike, central bank panel says
Emerging market central bankers say improved communication from the Fed has helped them to prepare for future normalisation
Emerging market economies are well-prepared to handle any shocks that could emanate from the Federal Reserve should it choose to continue to raise interest rates, a panel of central bankers has said.
Veerathai Santiprabhob, governor of the Bank of Thailand, appeared alongside his counterparts from the South African Reserve Bank and the Central Bank of Colombia at the International Monetary Fund's annual meeting in Washington, DC, on October 8, to explain how emerging markets have responded to
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