but then should the fed keeps rate steady in the face of the place and that would lead to kapil sweeny in the other direction exiting the us and flooding into higher yield in emerging markets and this is something that really concerns china as they are ready and 2020 dealing with huge capital inflows and while this is a good thing in moderation beijing says that it was worried that the infrastructure package allowed the fed's decision to keep interest rates low that would pump cash into the chinese economy creating a map that imported inflation problem and central bankers and other emerging markets such as brazil russia turkey they've already raised rates last month citing inflation concerns and analysts expect that inflation would rise more quickly than the fed is forecasting and it is in fact not transitory as they make it out to be so if the emerging market can expect tougher times ahead and the u.s. dollar while they remain quite strong in might even triggered the falls and other countries such as argentina brazil zambia all of which carry high dollar denominated debt and have very