Fed’s gradual tightening could be boon for some, says Armenian governor

In distinction to the 2013 ‘taper tantrum’, the Federal Reserve’s actions to dial again financial easing could possibly be excellent news for a lot of rising market economies (EMEs), Martin Galstyan, governor of the Central Financial institution of Armenia stated throughout an Worldwide Financial Fund webcast held on October 27.

Though the gradual normalisation of Fed coverage might set off capital outflows from central Asian economies, this will nonetheless produce a “comfortable touchdown” for nations with restricted imbalances, he stated.

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