Status: Draft -- Not PublishedWill be live at 11/27/2019 02:40
Macro Notes: Is Lower EM Inflation Here to Stay?
- Inflation is trending down in many emerging markets.
- This is partially due to higher central bank credibility.
- EM inflation has also become increasingly synchronized.
- Persistently lower inflation could allow for more easing.
- Risk of reversals and country-specific shocks remains high.