Uzbek sociologist warns that lower U.S. Federal Reserve interest rates pose long-term global economic risks.

Uzbek sociologist Azamat Seitov warns that U.S. monetary policy changes, particularly lower Federal Reserve interest rates, pose long-term economic risks globally. He notes that while reduced rates may offer short-term benefits, they can lead to market volatility, rising inflation, and increased debt risks in developing nations. Additionally, these changes may diminish the attractiveness of dollar-denominated assets, causing fluctuations in currency exchange rates.

October 28, 2024
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