Emerging Market ETFs Get a Helping Hand from Central Banks
This article was originally published on ETFTrends.com.
With rising expectations of a Federal Reserve interest rate cut, developing country central banks have more room to cut their own benchmark rates and stimulate their economies, potentially bolstering emerging market-related exchange traded funds. Year-to-date, the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG) rose 6.3% and Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) gained [...]