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Net capital flows to EMs at their lowest since global financial crisis: IIF

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Thomas Hoenig, director of the Federal Deposit Insurance Corp. (FDIC), speaks during a panel discussion at the Institute of International Finance (IIF) Membership Meeting in Tokyo, Japan.


A COMBINATION of the reflationary "Trump trade" and a more hawkish policy stance by the US Federal Reserve has thrown global capital markets into disarray, with the result that overall net financial flows to emerging markets in 2016 slumped to their lowest level since the global...

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