EABER/SABER Newsletter June 2018

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June, 2018
M Chatib Basri
The intention of the US Federal Reserve to accelerate the interest rate hike due to higher inflation and a widening US budget deficit has triggered capital outflows from emerging markets to the United States. As a result, emerging market currency exchange rates have weakened dramatically and stock and bond markets have been hard hit.
M Chatib Basri is a Senior Lecturer at the Department of Economics, University of Indonesia and formerly Indonesia’s minister of finance.
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