Lo que un nuevo presidente de la Fed podría significar para los mercados emergentes

The transcript discusses the potential impact of Mr. Taylor's confirmation on emerging market (EM) debt, highlighting concerns about his hawkish stance and its implications for interest rates. It explores the evolving relationship between US monetary policy and EM financial assets, noting a shift towards domestic debt issuance. The discussion also covers how US interest rates affect EM markets, including term premiums and currency fluctuations. Finally, it examines the price and income effects in economics, emphasizing the role of US and global economic growth in EM performance.

What are the potential implications of Mr. Taylor's monetary policy on emerging markets?

How has the relationship between US monetary policy and the performance of financial assets changed over the years?

In what ways has the issuance of domestic debt in local currencies affected emerging markets?

What factors contribute to the sell-off in rates and effects in emerging markets?

How do income and price effects influence emerging markets when US rates rise?