Central and Eastern European (CEE) emerging markets are among the developing economies poised to benefit if the Fed remains dovish and the dollar retreats.
“Besides a weaker U.S. dollar, CEE countries should benefit this year from more favorable monetary policy. A number of central banks are expected to cut rates in 2019, including Turkey’s, which could lower them from 24 percent to 18 percent, according to Credit Suisse. Russia is also expected to ease, though likely by only 50 basis points,” according to Forbes.
Investors have added $3.60 billion to IEMG this year, tops among all US-listed ETFs.
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