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Market Views: How will rising interest rates affect Asian capital markets?

Edward Tang
Concerns remain on whether interest rate hikes by the Fed will be able to slow economic activity and tame inflation — or push the US economy into recession, triggering major uncertainties for Asian capital markets.
Market Views: How will rising interest rates affect Asian capital markets?

The US Federal Reserve (Fed) raised interest rates by a half percent last Wednesday (May 4) – the biggest increase in 20 years and the second time this year after the quarter-percent hike on March 16 — sending stock markets rallying on the news but reversing sharply the next day, losing almost all of the previous day’s gains.

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