Summary
A geopolitical shock in the Middle East, steady Fed monetary policy and more resilient global growth are unlikely to disrupt central bank easing cycles across the emerging markets. Our Monetary Policy Space framework continues to suggest rate cuts will be delivered over the second half of this year, and in many cases, financial markets may be underpriced for the amount of easing central banks can deliver.
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作者：Wells Fargo Research Team，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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