Global financial markets brace for turbulence as U.S. interest rates rise.
The U.S. Federal Reserve has been keeping interest rates low since the financial crisis to help the economy. This has made it easier for people to borrow money and has boosted stock prices. But now, the Fed might start raising interest rates again, which could cause problems for developing countries. In the past, just talking about raising rates caused chaos in the financial markets. So, even though the Fed's actions are meant to help the economy, they can have unexpected consequences.