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

Partner Insight: The world needs what emerging markets have

Partner Insight: The world needs what emerging markets have

Artificial intelligence, energy security and strategic resources are putting emerging markets at the centre of some of the world's most important investment themes.

Investment Week
clock 17 June 2026 • 1 min read
Dragon Capital founder Dominic Scriven on his team of 'governance warriors'

Dragon Capital founder Dominic Scriven on his team of 'governance warriors'

Vietnam reclassified as EM

Michael Nelson
clock 28 May 2026 • 4 min read
EM investors hold their nerve amid Strait of Hormuz standoff

EM investors hold their nerve amid Strait of Hormuz standoff

Little change to allocations

Maria Nicholls
clock 07 May 2026 • 2 min read
Trustpilot