The MUFG Global Markets Podcast
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Navigating the spike in inflation across emerging markets: The MUFG Global Markets Podcast
Headline inflation rates across major emerging markets have been driven sharply higher in recent months by a potent combination of higher commodity prices, base effects and reopening reverberations. This development, in conjunction with the rapid improvement in global growth prospects, has forced numerous emerging markets central banks to react in order to tame inflationary pressures, while taking into account the challenge of distinguishing between temporary and transitory shocks.
This week, Ehsan Khoman, Head of Emerging Markets Research (EMEA), explains why he believes inflationary apprehensions across emerging markets are misplaced, taking into account that underlying core inflation remains subdued compared to historical shocks, and headline inflation remains below or within the target/target range in over 65% of inflation-targeting emerging markets at present.
Disclaimer: www.mufgresearch.com (PDF)
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