π The EM recovery rested on three pillars. All three are cracking.
The day in view
π The EM recovery rested on three pillars. All three are cracking.
Brazil's IPCA-15 is forecast to breach the BCB's 4.50% ceiling at 4.55% YoY. Korea's incoming governor signals rate hikes. USMCA talks are putting Mexico's nearshoring investment model at risk.