Developing countries should prepare

IMF directors Stephan Danninger, Kenneth Kang and Helena Poirson wrote a joint blog post on the Fed's tightening of monetary policy.

In the article, it was stated that the Fed's faster-than-expected moves could shake the financial markets, triggering capital outflows abroad and depreciation of the currency.

In the article, it was stated that the US economic growth is expected to continue and it was noted that inflation in the US is expected to decrease moderately in the following months of the year.
In the article, it was stated that the gradual tightening of monetary policy in the USA will have little effect on emerging markets, pointing to the risks posed by the Fed's faster-than-expected interest rate hikes and increasing Kovid-19 cases for emerging economies. "Emerging economies should prepare for possible bouts of economic turbulence," the article states. it was said.

"These developments may cause a slowdown in US demand and trade. At the same time, it may lead to capital outflows in emerging markets and depreciation of the currency," the article said. expressions were used.