Asia ‘most resilient’ EM region to US rate rises
Amid huge divergence in fund managers' views about the US Federal Reserve's first rate hike in nine years, Asia is widely seen as better placed than other emerging-market regions.
The US Federal Reserve’s confirmation on Wednesday that it would raise its funds rate by 25 basis points to a range of 25-50bp was largely priced in, note fund managers, but the big question now is: what next?
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