EM Troubles Getting More Worrying, Says Deutsche Bank's Goel

The video discusses the challenges faced by emerging markets due to the Fed's tightening of liquidity, highlighting the pressures on markets with current account gaps. It explores the contagion effects and illiquidity issues, emphasizing the importance of policy reactions. The Philippine inflation situation is examined, noting the central bank's response. The discussion concludes with a focus on market fundamentals and the impact of contagion, particularly in Asia.

What is the significance of the inflation rate in the Philippines according to the central bank governor?

In what ways can central banks respond to high inflation to reassure the markets?