Inflation is
falling in many EM economies, which is allowing some to cut interest rates well
ahead of the US Fed. However, the recent move higher in oil prices, and the
impact of El Nino weather patterns on food prices, could derail this improving
picture.
Global Macro Research
Macro BytesMacro Bytes: Why are emerging markets cutting interest rates?
Paul Diggle speaks to Bob Gilhooly, senior EM economist, and Michael Langham, EM analyst, about the economic outlook across the emerging markets.
Author
Paul Diggle
Chief Economist
Contributors
Michael Langham, Robert Gilhooly
Duration: 27 Mins
Date: 09 Oct 2023