MacKinnon: Fed Puts Pressure on EM Central Banks

The video discusses the pressures on emerging market central banks due to currency fluctuations ahead of a Federal Reserve decision. It explores the potential impact of Fed rate hikes on equity markets and the strength of the dollar. The discussion includes concerns about global economic issues, such as trade protectionism under President-elect Trump and pressures from China. The video also examines the influence of a stronger dollar on global finance, particularly its effect on emerging market debt and the potential for a global rate hike.

How might the Federal Reserve's rate hikes affect equity markets in 2017?

What role does trade protectionism play in the context of U.S. trade policy?

What concerns are raised regarding the fragile five emerging markets?

What are the potential impacts of a stronger dollar on emerging market economies?

What are the implications of the Fed's decisions on dollar-denominated debt for emerging markets?