Argentina Project Retweeted Robin Brooks
The Fed’s decision to hold off on further rate hikes will ease pressure on #Argentina, as it tries to maintain a stable peso following last year’s currency crisis.https://twitter.com/RobinBrooksIIF/status/1090762982886334465 …
Argentina Project added,
Robin Brooks @RobinBrooksIIF
So I do think this is a big deal. The question then is which EMs benefit the most? Relative to the Fed's dovish shift in 2016, there are places where carry is higher. Argentina and Turkey stand out. And we have flagged Brazil as highly favorable from a positioning point of view. pic.twitter.com/ZJPiEmjeRl
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8:54 PM - 30 Jan 2019
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