Warning of fresh 'taper tantrum' for EMs amid 'aggressive' Fed hiking cycle

Current institute predicts three to four more hikes in 2017

Tom Eckett
clock • 2 min read

Adam Posen, president of the Peterson Institute for International Economics, has said investors have underestimated the Federal Reserve's desire to tighten monetary policy, warning it could lead to a stronger dollar and cause another debt crisis in emerging markets.

To continue reading this article...

Join Investment Week for free

  • 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 Markets

Market Movers blog: US indices pick up after Fed signals future rate cuts

Market Movers blog: US indices pick up after Fed signals future rate cuts

Latest news and analysis

Investment Week
clock 15 October 2025 • 1 min read
Investors shrug off US shutdown as a 'non-issue'

Investors shrug off US shutdown as a 'non-issue'

Shutdowns have 'little lasting effect'

Patrick Brusnahan
clock 15 October 2025 • 2 min read
Aberdeen Investments pushes for private markets national taskforce

Aberdeen Investments pushes for private markets national taskforce

One of eight recommendations

Patrick Brusnahan
clock 13 October 2025 • 1 min read
Trustpilot