The US Federal Reserve meets on September 16 and 17, at which point it will issue a much-awaited decision on whether now is the time to raise interest rates. FSG’s view is that a rates hike is coming in 2015.

Uncertainty over US interest rates and a strengthening dollar have had a dominant impact on the global economy this year, and continue to drive FSG’s Global Outlook. The size and pace of interest rates increases this year and into 2016 will continue to impact an emerging markets business portfolio. As financial and news media focus on what is likely to be intensive financial markets volatility, FSG is urging multinational executives to consider the following operational impacts on their businesses:

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