GLOBALink | U.S. Fed rate hikes spell trouble for Türkiye, emerging markets: expert-Xinhua

GLOBALink | U.S. Fed rate hikes spell trouble for Türkiye, emerging markets: expert

Source: Xinhua

Editor: huaxia

2022-09-28 19:31:18


ANKARA, Sept. 28 (Xinhua) -- A Turkish expert has said that aggressive rate hikes by the U.S. Federal Reserve have a drastic effect on emerging markets, particularly import-reliant Türkiye floundering with a weak currency and runaway inflation.


Produced by Xinhua Global Service

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