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As the Fed taper approaches, emerging markets are finding it difficult to find solid ground. The fresh turmoil prompted policy makers at the Jackson Hole summit to consider the benefits of capital controls in such a situation. Over the weekend, a paper was presented at the summit which defended capital controls, something that was previously frowned upon. Top News In other news around the markets: Bank of Finland Governor Erkki Liikanen reassured investors that the market has eased but admitted that the EU was showing uncertain positive signals.
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