• Fed hikes and Trump's trade war have cash flying out of emerging markets

    1 day ago - By Business Insider

    After suffering months of capital outflows, policy makers from emerging markets attending IMF-World Bank meetings in Indonesia had a message for leading economies: current monetary and trade policies risk undermining us all.
    The International Monetary Fund-World Bank meetings wrapping up on Sunday gave central bankers and finance ministers from around the world a chance to meet face-to-face in Indonesia.
    Poorer and populous emerging markets have been particularly vulnerable to the escalating U.S.-Sino tariff war and rate rises by the U.S. central bank.
    NUSA DUA, Indonesia - After suffering...
    Read more ...