EMERGING MARKETS-Dovish Fed triggers renewed surge in emerging markets
 

EMERGING MARKETS-Dovish Fed triggers renewed surge in emerging markets
By Sujata Rao LONDON, Sept 22 (Reuters) - A dovish U.S. Federal Reservemessage gave emerging markets renewed impetus on Thursday,pushing the benchmark equity index to two-week highs whilecurrencies firmed, led by the South African rand hittingone-month highs. The Fed signalled a rate hike by year-end, but cut thenumber of increases expected in 2017-2018. It also reduced itslonger-run interest rate forecast to 2.9 percent from 3 percent,leaving investors confident the pace of polichttp://feeds.feedburner.com/~ff/reut...?d=yIl2AUoC8zA http://feeds.feedburner.com/~ff/reut..._E:V_sGLiPBpWU http://feeds.feedburner.com/~ff/reut..._E:F7zBnMyn0Lo
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