Analysis: Fed rate cuts could push emerging markets to ease monetary policy

Jon Harrison, analyst at TS Lombard, wrote that high expectations of renewed Fed rate cuts would help emerging markets ease monetary policy. "In the short term, Fed rate cuts will provide an excuse for emerging market central banks to ease policy further," he said. "This relief will come at a time when growth recovery remains fragile, real interest rates remain relatively high and tariff uncertainty remains a threat to some emerging economies," Mr. Harrison said.