JPM Asset Mgmt Tai Hui Expects US May Raise Rate in Mar at Earliest
Tai Hui, Chief Market Strategist, Asia at J.P. Morgan Asset Management, said two to three rate hikes in the US are within reasonable range of expectation, but if the economic condition goes well and the new treasurer will step up efforts in fiscal policies, it is not surprising to see over three rate hikes. Hui expected the rate hike may arrive as soon as March.
Tai Hui, Chief Market Strategist, Asia at J.P. Morgan Asset Management, said two to three rate hikes in the US are within reasonable range of expectation, but if the economic condition goes well and the new treasurer will step up efforts in fiscal policies, it is not surprising to see over three rate hikes. Hui expected the rate hike may arrive as soon as March.
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