Asset managers welcome Fed rate hike but warn of 'tricky path' under Trump

Third rate rise since December 2015

Daniel Flynn
clock • 7 min read

Asset managers have welcomed the Federal Reserve's decision to raise US interest rates by 25bps, but some have warned that pursuing two further hikes this year may be "tricky" if President Donald Trump continues to aggressively pursue deregulation, tax cuts and more government spending.

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