Flows out of South Africa likely to increase
146 views · Published 17 December 2015 · 3:33 · Indexed 18 October 2026
Channel: CGTN Africa · 2015 · News & Politics
Expectations are growing that the US Federal Reserve might hike rates at this week's monetary policy meeting. If it does, it would be the first rate move in almost a decade. Near zero rates saw increased bond inflows mainly into emerging markets. A US rate hike is likely to reverse flows back into the US. Not good news for emerging economies such as South Africa.
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