Global monetary tightening: issues for emerging markets

Global monetary tightening: issues for emerging markets

The US Federal Reserve has been increasing its interest rate at a difficult time for emerging markets. Patrick Lenain, senior associate at the Council on Economic Policies, offers his assessment of how the Fed’s interest rate hike affects the Vietnamese market and some solutions to respond to the fluctuations.
Interest rates spiking growth limitation plans

Interest rates spiking growth limitation plans

The credit growth target set under 20 per cent for this year seems to be well within reach as the monetary tightening process continues to nail interest rates at a high level.