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Thursday, March 28, 2024

Frontier countries to suffer most if Fed rate gets to 6% – analysts

NEW YORK, March 9 (Reuters) – Emerging markets are facing their demons as traders mull whether U.S. Federal Reserve interest rates will rise as high as 6%, a level that could kick weaker countries when they’re down, while diverging global growth paths and China’s reopening might cushion some of the …

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