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Credit Conditions: Emerging Markets: Inflation, The Unwelcome Guest

December 1, 2021

Risks are increasing for emerging markets (EMs) as inflation keeps accelerating in many key countries, adding to existing challenges. On the bright side, higher prices are partly fueled by the strong economic rebound. COVID-19's economic impact is decreasing and vaccinations are progressing, but the recent emergence of the omicron variant threatens the positive momentum.


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