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“Many central banks responded to currency weakness by fighting against the weakness with rate hikes rather than leaning into the weakness with rate cuts

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published Oct 1, 2018, 6:00:01 PM, by Srinivasan Sivabalan and Selcuk Gokoluk (Bloomberg) — Is the second rebound in emerging-market assets going to be the real one? Developing-nation stocks and currencies seemed to rally from mid-August, only to resume declines as the U.S.-China trade war heated up. That changed from

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