iShares Core MSCI EM IMI UCITS ETF USD (Acc) is trading 1.8% up today as global risk assets rebound following the Federal Reserve's June 17 policy announcement.
- The Fed held interest rates at 3.50%-3.75% but signaled policy uncertainty, which initially triggered volatile moves across global equity markets before a broader recovery took hold.
- Emerging market equities are reacting positively to improving risk appetite and a stabilization in U.S. rate expectations, recovering from the initial post-Fed selloff.
- This ETF, which tracks the MSCI Emerging Markets IMI index, is participating in the broader EM rally as investors digest the implications of the Fed's stance on future monetary policy.