Why are emerging markets cutting interest rates?
Macro Bytes
English - October 05, 2023 11:00 - 27 minutes - 19 MBInvesting Business News Politics politics economics news fiscal policy investments innovation financial services finance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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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. Paul speaks to Bob Gilhooly, senior EM economist, and Michael Langham, EM analyst, about the economic outlook across the emerging markets.