Will the Fed throw emerging markets a bone?
From cnbc.com
Emerging market investors will watch the outcome of the Federal Reserve's policy meeting on Wednesday closely in hopes the central bank might throw them a bone, but analysts told CNBC they will most likely be disappointed. Emerging market currencies suffered an ugly selloff last week, after a sharp plunge in the Argentine peso, weak Chinese economic data and continued worries over further tapering by the Fed triggered a broader selloff across the region. But investors banking on a helping hand from the Fed could be left empty handed, analysts said. "It's pretty unlikely to be honest," said Robert ...
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