New Delhi [India], January 10 (ANI): High inflation and COVID-19 new variant Omicron have made the outlook for emerging markets like India more uncertain. Another big challenge for the emerging economies would come from the policy rate hike from the United States Federal Reserve.
New York [US], December 4 (ANI/Sputnik): US stocks tumbled for a second week in a row, roiled by fears of an imminent rate hike by the Federal Reserve and the possibility of another round of global economic turmoil from potential measures to address the coronavirus Omicron variant.
Washington [US], July 29 (ANI/Sputnik): The time is not right yet to raise US interest rates as the Federal Reserve is still focused on buying bonds to support an economy recovering from the COVID-19 pandemic, Chairman Jerome Powell said.