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Emerging Markets Feel the Risk of Global Recession
Posted
March 27, 2023
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5,929
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March 27, 2023
5,929
9
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0.19%
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1:06Now PlayingBuffeted by a year of rapid Fed rate hikes, emerging markets now face additional headwinds from disruptions to the global bankingsystem. When the Fed began raising rates in March 2022, the 26% selloff in emerging markets equity indexes that began in February 2021 accelerated. That trend looks set to deepen as a weak banking system threatens to push the world into recession. Presented by @cmegroup
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