Posted by Hush77 > 2021-12-06 17:13 | Report Abuse

https://www.cnbc.com/2021/12/06/malaysia-finance-minister-on-fed-taper-covid-omicron-variant-threat.html Malaysia not ‘as concerned’ about capital outflows as Fed sets to taper, finance minister says PUBLISHED MON, DEC 6 20212:50 AM EST Yen Nee Lee@YENNEE_LEE WATCH LIVE KEY POINTS Malaysia is not “as concerned” about investors pulling out of the country in a big way when the U.S. Federal Reserve starts winding down its asset purchases, said Finance Minister Tengku Zafrul Aziz.Malaysia’s financial markets are “insulated” as the country has raised most of its debt locally, said the minister.The U.S. Federal Reserve is set to start tapering at a time when global debt has risen after governments increased spending to cushion the economic hit from the Covid-19 pandemic.