Woodford IM: Fed hike will lead to a new episode of ‘currency wars’

Woodford Investment Management has said the Federal Reserve’s decision to raise interest rates by 0.25% could lead to a ‘new episode’ of currency wars as emerging markets are forced to depreciate their own currencies further.,Emerging markets,Currencies…

Sourced through Scoop.it from: www.investmentweek.co.uk

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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