The Q3 GDP data released out of Central and Eastern Europe (CEE) this week has only added to worries about the health of the region’s economies, but with inflation still a concern – and in some cases currencies under pressure – central bank’s have little scope to ease monetary conditions at the moment. Meanwhile, one stand-out feature of the “Trump-trade” over the past couple of weeks is that the Turkish lira has actually been one of the best performing EM currencies, but we doubt lira stability will last for long.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services