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

UK 24-hour stock exchange could bolster competitiveness but is not a silver bullet

UK 24-hour stock exchange could bolster competitiveness but is not a silver bullet

Concerns of less liquidity

Linus Uhlig
clock 07 August 2025 • 4 min read
Market Movers blog: Novo Nordisk's share price down in pre-market trading after slow growth warnings

Market Movers blog: Novo Nordisk's share price down in pre-market trading after slow growth warnings

Latest news and analysis

Investment Week
clock 06 August 2025 • 1 min read
Mirabaud Asset Management's Andrew Lake: Macro cracks threaten 'Goldilocks' markets

Mirabaud Asset Management's Andrew Lake: Macro cracks threaten 'Goldilocks' markets

'Base case for deterioration in growth'

Andrew Lake
clock 06 August 2025 • 3 min read
Trustpilot