Bond allocators are in some disarray, after minutes from Wednesday's Federal Open Markets Committee meeting suggested one or two US rate rises may be on the cards this year.
Tag : fomc
Amid huge divergence in fund managers' views about the US Federal Reserve's first rate hike in nine years, Asia is widely seen as better placed than other emerging-market regions.
In a speech at The Bankers Club in Hong Kong, Charles Evans of the Chicago Fed outlines why the US central bank needs to implement a more transparent and accountable policy.
Fund flows are subdued as attention shifts to the coming Federal Open Market Committee meeting on June 24-25.
