cnbc.com

Summary : Emerging markets hiked interest rates ‘way before’ the Fed, says asset management firm

Rajeev De Mello of GAMA Asset Management says emerging markets “will benefit once we get past this period of frontloading the Fed hikes,” but if the U.S. Federal Reserve tightens monetary policy even more than what has been priced in, there could be further stress on those markets.

Emerging markets hiked interest rates ‘way before’ the Fed, says asset management firm

Rajeev De Mello of GAMA Asset Management says emerging markets “will benefit once we get past this period of frontloading the Fed hikes,” but if the U.S. Federal Reserve tightens monetary policy even more than what has been priced in, there could be further stress on those markets.