After the Federal Reserve's widely anticipated move to raise US interest rates today, asset managers have cast doubts over the central bank's ability to follow through with its revised rate path for 2017, as President-Elect Donald Trump remains a "big known unknown" for markets.
The Federal Reserve (Fed), increased interest rates by 25bps to the range of 0.5%-0.75% following a two day meeting of its Federal Open Market Committee (FOMC). In a statement, the FOMC said it raised...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday