Downside economic risks in emerging markets are “seeping” into deliberations at developing market central banks, a JPMorgan research piece notes, as an increasingly itchy European trigger finger is ready and eager to fire off more quantitative stimulus to boost markets. With regards to the U.S. Fed raising rates, the report says the real voice to watch may speak this Saturday in Jackson Hole.
JPMorgan: ECB watching emerging markets with eye on increasing QE, Japan inflation focused
Over the past two days, JPMorgan noted that ECB officials Peter Praet and Victor Constancio each advocated that the ECB stand ready to increase its QE program...


