Market Views: How will Asia’s capital markets react to rising interest rates?
Will the Federal Reserve’s move to raise interest rates and tighten policy aggressively hamper the economic recovery in Asia? What impact will it have on equity and fixed income asset classes?
On March 23, US Federal Reserve policymakers said they were prepared to act aggressively to bring down unacceptably high inflation, including a possible half-percentage-point interest rate hike, or even more, at its next meeting in May. The Fed had previously forecast that rates could rise to 1.9% or higher by the end of the year.
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