Emerging Market Woes: Contained Or Contagion?

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Emerging Market Woes: Contained Or Contagion?

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Emerging Market Woes: Contained Or Contagion?

Wochit 0:24 mins

Emerging markets are stuck between a rock and a hard place. Policymakers are working to halt the rapid depreciation of their currencies by raising interest rates and tightening monetary policy. But that may risk slower economic growth in the years ahead and threaten to drag down the global economic recovery.

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