The European Offsets Jokowi’s Luck

Last Wednesday on March 20, the Fed reaffirmed its policy line: more patience with regards to raising interest. The US economy is showing signs of a slowdown, which explains the Fed dovishness in setting the rates.

Thus throughout 2019, if there are no significant and unexpected shocks, The Fed’s benchmark interest rate will not go any higher. The Fed’s patience is making investment funds flow back into various emerging markets in se

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