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Towards a more nuanced view on EM rates

We are often asked whether the next big move in EM interest rates will be up or down, but in truth the sheer diversity of the economies within the emerging world renders any “one-size-fits-all” rule next to useless. In this Update, we split EMs into four key groupings according to the outlook for interest rates and monetary policy over the next 12-18 months.

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