Economy Watch: Emerging Markets View (October 2022)

The Conference Board, Inc., 6 pages, November 10, 2022
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Downside risks to the short-term outlook are increasing.

Document Highlights

Fast monetary policy tightening in the US is leading to currency depreciation and rapidly rising borrowing costs for emerging economies. One of the responses will likely be more rate hikes in emerging economies, putting downward pressure on future growth.

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