Fed unwind will impact Asia differently this time

THE Federal Reserve has said it is ready to start raising rates and withdrawing liquidity. Rates remain near zero for now, but when the tightening begins, we expect it to be swift.

The Fed will likely raise rates 8 times over the next 2 years and reduce their bond holdings by US$1.5 trillion by the end of next year.

Emerging market investors often recall t…

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL