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Emerging markets to profit from anticipated Fed pausing of US rate hikes

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo
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Emerging markets have been buoyed by hints from Federal Reserve officials that they might slow the tempo of interest-rate increases if the United States’ economic growth continues to decelerate. Rate hikes from the Fed were largely blamed for the poor performance of emerging-market assets through the first three quarters of 2018. However, recent comments by…

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