Fed moves unlikely to clip fundamentals

Fed moves unlikely to clip fundamentals

The US Federal Reserve has attempted to contain inflation, which is at its highest level in 40 years, by raising its benchmark interest rate by a quarter of a percentage point last week. Its near-term effect on Vietnam’s economy, however, could be rather limited.
Fed’s fiscal tightening won’t dent Vietnam’s position

Fed’s fiscal tightening won’t dent Vietnam’s position

The US Federal Reserve warned that it will soon start to reduce, or taper, its purchases of US Treasury bonds and other securities worth $120 billion per month, also known as quantitative easing, although it has not yet announced when this will happen.