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The International Monetary Fund's (IMF) deputy managing director, Mitsuhiro Furusawa, said on Monday that the Federal Reserve could reduce the risk of disorderly capital outflows. He warned about the risk of disorderly capital outflows once the Fed started hiking interest rates.
Furusawa pointed out that emerging countries should implement structural reforms to promote strong, sustainable and balanced growth. The IMF deputy managing director added that IMF expects merging market economies to rebound next year.
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