Any decision on rates by the Federal Reserve this year could damage markets as the central bank's efforts have so far only resulted in lacklustre growth and 'bubble' asset prices, according to Jan Dehn, head of research at Ashmore.
Financial markets are sitting on a time bomb. Since 2008/2009, a massive rally in developed market assets has been predicated almost entirely on a large 'doubling down' of monetary policy, including zero...
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