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Emerging Markets Caught Between Rate-Cut Euphoria and Trade Woes
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Emerging Markets Caught Between Rate-Cut Euphoria and Trade Woes
While Mexico averted the start of new tariffs, Washington’s campaign to shake up trade agreements worldwide is still wreaking havoc on global economies. Three Mexican officials say they’re not aware of any side accordArgentina may report on Thursday that inflation slowed further in May after the government froze prices on dozens of goods in an attempt to boost President Mauricio Macri’s re-election bidThe peso stabilized last month, although it still tops global losses for the yearThe rapporteur of President Jair Bolsonaro’s pension reform proposal is set to send his report to the lower house, where floor votes on the bill could come as soon as the end of this month.
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