Robin Brooks on Twitter: "The narrative in Washington DC is that US fiscal stimulus is good for EM, as it boosts EM exports. We don't believe that. The trade channel is positive
Hungarian forint - Wikipedia
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Holger Zschaepitz on Twitter: "Doesn't look like Fed Chair Powell can speed up tapering w/o nasty side effects. Announcement of faster end of bond buys alone is causing tremor in emerging markets.