The current will-they-won’t-they game is over at last: the US Federal Reserve will raise interest rates on Wednesday. So say investors, who have fully priced in a quarter-point rise. But for emerging markets, particularly in Asia, such a move will only prompt another question, namely which matters more for 2017 — the Fed, or China?
當下這場加不加息的游戲終于要落幕了:美聯儲(Fed)將在周三加息。投資者是這樣說的,他們全力押注美聯儲肯定加息25個基點。但對新興市場、尤其是亞洲新興市場而言,此舉只會引發另一個問題:2017年哪一個因素更重要——美聯儲,還是中國?
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