Emerging markets are experiencing a surge in political instability, impacting investments from Latin America to Eastern Europe. Recent events in Colombia, Peru, Bolivia, and Turkey have led to market sell-offs as political risks intensify. This turmoil highlights the underlying vulnerabilities within the asset class, particularly when macroeconomic conditions are strained.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026