According to Jinshi, the Economic Daily quoted the IMF report and pointed out that the root cause of this round of emerging market currency fluctuations lies in the stickiness of US inflation and the high US benchmark interest rate caused by it. The optimistic expectations of international investment institutions on the global financial market are changing, and concerns about the risk of "secondary inflation" in the United States and the potential risk of a decline in the Fed's interest rate cut expectations are increasing.
More and more institutions believe that this will sound a painful alarm for the financial market. Faced with the above risks, emerging market central banks do need to pay attention to the pressure of currency depreciation, but they still need to see the resilience of emerging market countries.
