Photo: Reuters, Brendan McDermid

Goldman Sachs analysts wrote in a March 10 note that, with the Fed expected to enter into a faster rate hiking cycle, they find inflation anchoring improved among EM high-yielders. Brazil and India are at limited risk of easing monetary policy, while Mexico and Turkey are most likely to be affected by rate hikes. But Mexican assets are likely to be better supported than Turkish ones due to a more credible policy framework.