Jan 10 – Emerging market stocks inched lower on Tuesday for the first time since the start of year amid recession worries as investors awaited clarity on the U.S. Federal Reserve’s monetary policy tightening stance. Overnight, remarks from Atlanta Fed Bank President Raphael Bostic and San Francisco Fed President Mary Daly suggested new inflation data out later this week will help them decide whether they can slow the pace of interest rate hikes at their upcoming meeting.
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