The Rate Upcycle Might Be Painful For Emerging Markets | Caesar Maasry, Goldman Sachs
Speaking to ET NOW, Caesar Maasry stated that the US Fed rate hike was in line with market pricing and that the rate upcycle might be painful for emerging markets, with a relief rally across equity markets. He also added, "Crude remains a big worry for the macro growth and risk assets might remain under a rough patch in the near term". So, what are the rate hike expectations for the rest of the year? To know more, watch this interview on ET NOW to find out
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