Headwinds on two fronts
Developments at the US Fed and in Greece should hold investors' attention over the next year.
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A GREEK exit from the euro and a faster than expected rise in interest rates are among the biggest risks facing the global economy in the next 18 months.
That was the consensus of a panel of senior financial sector executives discussing the outlook for the global economy at the Credit Suisse Global Megatrends Conference 2015 held last week in Singapore.
High on the agenda of topics was the expected timing for the US Federal Reserve to start hiking interest rates. Many now expect it to happen at the Federal Open Market Committee's meeting in September.
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