Year of the Rooster: The Fed gets hiking
In AsianInvestor's second revisit of last year's Year of the Rooster predictions, we look at how much the US Federal Reserve raised interest rates.
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A year ago, AsianInvestor revealed its 10 predictions for the year. At a time of a new US president and a generally positive US economy, attention had begun turning to the potential for higher inflation and the attitude that the Federal Reserve would take in response.
This led to last year's second question:
How many rate hikes will the US make this year?
Answer: Two
There was a lot of focus on whether the Federal Reserve would begin to ratchet up interest rates more aggr…
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