EconomyWhich overseas property markets will win or lose if the Fed raises US rates?
Comments by Federal Reserve chairman Kevin Warsh at last month’s Jackson Hole policy symposium have strengthened expectations that the world’s largest economy is heading toward an interest-rate increase. The Fed held its target range at 3.5 to 3.75 per cent in July, but Warsh’s remarks that more work was needed to control inflation have heightened those expectations, with potentially significant effects on global assets and investors.
Which overseas property markets will win or lose if the Fed raises US rates?
Economy