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Emerging markets face bleak outlook after stormy start to the year

Published by
Reuters UK

By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) – It’s been a torrid first half for emerging market assets and with the Federal Reserve kicking off its tightening cycle amid soaring inflation shock waves might be on the horizon. Adding to that are supply chain problems out of China, a war in Europe’s bread basket, stalling global growth and fears that the world’s largest economy could tip into recession – all casting a pall over riskier assets. Data from the Institute of International Finance (IIF) showed that small inflows into emerging market debt for the year until end-…

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