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

Conditions may worsen

Daniel Flynn
clock • 2 min read

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.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

Morningstar Wealth's Raymond Sham: Earnings the real test after China's valuation rebound

Morningstar Wealth's Raymond Sham: Earnings the real test after China's valuation rebound

22% rally in 2025

Raymond Sham
clock 09 April 2026 • 3 min read
AVI's Ross McGarry: Reforms set to unlock Korea's hidden value

AVI's Ross McGarry: Reforms set to unlock Korea's hidden value

'Atrocious' corporate governance

Ross McGarry
clock 26 March 2026 • 4 min read
Analysts warn of Middle East conflict's 'fresh shock' to EM economies

Analysts warn of Middle East conflict's 'fresh shock' to EM economies

Fidelity Analyst survey

Linus Uhlig
clock 24 March 2026 • 3 min read
Trustpilot