Elephant in the room
For global financial markets, the US interest rate outlook is the elephant in the room. Sharply higher rates could destabilise markets, particularly in emerging Asia where rising debt levels are shaping up as a threat to growth.
For global financial markets, the US interest rate outlook is the elephant in the room. Sharply higher rates could destabilise markets, particularly in emerging Asia where rising debt levels are shaping up as a threat to growth.