Rules of the game in emerging countries: a new element
In a recent post I mentioned that the improvement in the greenback had an strong impact on emerging countries. Capital outflows and lower emerging currencies were mentioned as a source…
Philippe Waechter's blog
The rules of the game have changed for emerging countries
The emerging countries’ environment is dramatically changing. It used to be an easy place to play but it is no longer the case. Stability in developed countries’ monetary policy was…
2 graphs on how the Fed is helping the Euro Area
Fed’s decision on Wednesday to keep a strict monetary policy will help the euro area. It will extend the monetary policy divergence between the Fed and the ECB and this…