17-02-2025
Brazil, Ukraine and Then Chile? EM Traders Bet on Next Rate Hike
After Brazil and Ukraine embarked on interest-rate hiking campaigns last year, investors are betting that the next developing economy to follow suit will be Chile.
Money managers from Kinea Investimentos, Ace Capital and Itau Asset Management have all bet on higher swap rates as inflation proves surprisingly stubborn in the Latin American nation and the economy shows signs of life.
