Mar 24, 2018
Hawkish Powell Could Affect Emerging Markets
Hawkish Powell Could Affect Emerging Markets
Markets are nervous prior to the Fed meeting, with the main reason being fears that new Fed chairman Powell will adopt a more hawkish stance on rates. His predecessor, Yellen, had generally demonstrated a very cautious approach that was good for the markets. Historically, each new Fed Head usually copies the predecessor’s tactics during their first few months which, in the case of Powell, it…
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