Emerging Markets Investors Cheer Possibility of Rate Cut
July 15, 2019 at 10:36 AM EDT
Emerging markets investors have to cheer Federal Reserve Chairman Jerome Powell after he essentially left the door open for an interest rate policy that could see rate cuts before the end of 2019. 2018 saw four interest rate hikes which helped decimate the emerging markets (EM) space, but 2019 thus...