Emerging Markets Emboldened by the Fed
This article was originally published on ETFTrends.com.
By VanEck The U.S. Federal Reserve’s (Fed’s) dovishness paves the way for additional policy easing in emerging markets. Brazil, however, requires more reassurance on the pension reform front before even considering a change in its current stance. Risky assets responded very well to the Fed’s dovish surprise yesterday. Many central banks now feel emboldened to [...]