EM rate cuts on the horizon as inflation trends down

Terug gaan

After a significant decline in emerging market (EM) headline inflation in the first half of the year, we can expect a more visible slowing of core inflation in the second half. EM central banks have broadly come to the end of their tightening cycles, but they need a few factors in place before they can start cutting rates. A slow and steady rate cutting environment combined with reasonable EM growth should be positive for EM local currency debt.

Om dit artikel te lezen heeft u een abonnement op Investment Officer nodig. Heeft u nog geen abonnement, klik op "Abonneren" voor de verschillende abonnementsregelingen.