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4min chapter
EM Fixed Income: Emerging Markets Outlook & Strategy for 2025
At Any Rate
Fiscal Vulnerabilities and Monetary Caution in Emerging Markets
This chapter analyzes the growing fiscal deficits in emerging markets, contrasting them with historical trends that focused on external accounts. It warns of the need for cautious monetary policies amid shifting U.S. financial conditions, as inflation persists and growth slows.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode