Low-income countries owe $400 billion in 2026 debt payments with interest exceeding 10% of revenues, the IMF warned as its Bangkok annual meetings opened.
Tag: emerging markets
Posted inEconomy
Fed Rate Hike Leaves Emerging-Market Central Banks to Choose Between Inflation and Growth
The Federal Reserve’s September hike to 3.75–4 per cent is pressing emerging-market central banks to tighten even as growth slows, with research showing they follow the Fed about 60 per cent of the time.