Fears about China's slowdown and a coming U.S. interest rate hike have sent global stock markets into a fidgety freefall.But why? China's economy has been slowing for years. And the Federal Reserve has long been expected to raise short-term interest rates from near zero, where it's kept them since 2008.
Root Of Investor Anxiety: Uncertainty About China And Fed
Paul Wiseman And Ken Sweet, Business Insider
Wed, 09/30/2015 - 10:49am
Topics: federal reserve msci emerging markets dow jones standard poor july 20.the july-to-september university international monetary fund aug eric lascelles rbc global asset management fed chair janet yellen sept beijing ajay rajadhyaksha barclays the chinese chile indonesia nigeria imf managing director christine lagarde june cnbc russ koesterich blackrock treasurys brazil turkey south africa russia washington sweet york follow paul wiseman twitter china fed united states s&p prasad chinese rajadhyaksha imf lagarde higher u.s investor uncertainty economy growth rates slowing rate percent slowdown hike economic year delay companies interest decision fears industrial years point percentage index investment suddenly raise stocks rest dollar long stock world exports scared reported sunk drop chief cornell concern prices
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