Capitalising on elusive US soft landing

Creating new strategy

AS the US Federal Reserve (Fed) embarks on a series of interest- rate cuts, officials have reminded that agile policymaking is needed to thread the needle to achieve a soft landing.

Anticipation of declines in developed markets’ (DMs) interest rates has increased the allure of emerging markets (EMs), which have maintained neutral-to-tight monetary conditions to manage external financing strains.