Rate Cuts in Emerging Markets Could Help Boost Equities
March 09, 2020 at 11:52 AM EDT
It’s been a slippery slope to climb for investors wanting to get emerging markets (EM) exposure, but EM assets could get a boost if the rest of the world plays a game of follow the leader when it comes to the U.S. Federal Reserve. With an unforeseen 50-basis point rate cut, the central bank...