Thursday, July 2, 2015

Roubini: Worries that Fed rate hike will negatively impact emerging markets exaggerated

“The prospect that the U.S. Federal Reserve will start exiting zero policy rates later this year has fueled growing fear of renewed volatility in emerging economies’ currency, bond, and stock markets,” Nouriel Roubini wrote in his monthly column for Project Syndicate.

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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