The Centenario deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico. Rising oil prices will add to the impact of US interest rate hikes on emerging markets. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Rising oil prices and US interest rates are a volatile combination for emerging markets

Neal Kimberley says the Federal Reserve chairman has downplayed the impact of US monetary policy on the global economy, but market analysts beg to differ 

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The Centenario deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico. Rising oil prices will add to the impact of US interest rate hikes on emerging markets. Photo: Reuters
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