December was a busy month with 15 of 21 EM central banks we track having year-end policy meetings on the schedule EM inflation is still less correlated compared to the major DM economies highlighting a greater degree of idiosyncratic macro drivers ASEAN: Singapore opened the Q4 national accounts reporting season and did so by showing a solid acceleration in quarterly GDP growth Mexico: The growth trend looks steady heading into the 2024 election year, but a US recession could weigh on Mexico’s growth performance mid-year
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Economy Watch: Emerging Markets View (October 2024)
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