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Fed will need to tread carefully to avoid market crises: Mobius

Monday, August 29, 2016 - 05:50
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Emerging markets are still cheaper than developed markets but if interest rates rise dramatically, these markets will be in trouble, says Mr Mobius.

Tokyo

NOW that US Federal Reserve chair Janet Yellen has said that the case for a rise in US short-term interest rates has "strengthened", stock and bond investors in advanced and emerging markets should look out for possible trouble, says veteran emerging-market investor Mark Mobius.

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