Emerging Markets' Central Banks Stayed In Tightening Mode Last Month: Capital EconMani
More emerging markets' central banks raised policy interest rates rather than cut them in January, with rate hikes concentrated among net commodity exporters, notes Capital Economics. Neil Shearing and team highlight in their Feb. 2016 report “Growing divergence among EMs” that aggregate EM growth has continued to disappoint in recent months.
More raises than cuts by emerging markets' central banks
Tracking monetary policy, Shearing and colleagues point out that their EM interest rate diffusion . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible