Liftoff? EM has already taken off

BlackRock
By November 29, 2021 14:12

Liftoff? EM has already taken off

As U.S. inflation is hitting three-decade highs, market talk has been all about “liftoff:” When will the Federal Reserve and others start raising their policy rates? This is old news in emerging markets (EMs), where many countries have already raised rates to try to tamp down inflation. Their approach has pressured growth …

BlackRock
By November 29, 2021 14:12

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