BIS issues fresh warning as global debt levels rocket

EM economies most vulnerable

Anna Fedorova
clock

The Bank for International Settlements (BIS) has issued a fresh warning over the potential impact of an impeding interest rate hike by the US Federal Reserve on emerging markets.

The Swiss-based BIS said global debt levels are now so high the global economy is exposed to major shocks if the Federal Reserve begins to raise rates. US markets hit as Fed fails to give clear signal...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

The Chancellor Rishi Sunak will deliver his third budget today at 12h30

Autumn Budget 2021: Faster growth gives Sunak £30bn to invest in public spending - reports

Upgraded growth forecasts due to give Chancellor fiscal room for manoeuvre

Pedro Gonçalves
clock 27 October 2021 • 3 min read
Thomas Coughlin of Kinesis Money

Fool me twice: The lessons we are yet to learn in the 100 years since Weimar hyperinflation

Need to recognise inherent flaws in current system

Thomas Coughlin
clock 22 October 2021 • 3 min read
The bank has pushed back against claims it may offload its asset management arm

State Street disavows claims of asset management sale - reports

Sparked by Invesco rumours

James Baxter-Derrington
clock 22 October 2021 • 1 min read