What will the Fed’s expected rate hikes mean for Korean market?


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Published : Dec 17, 2021 - 17:31 Updated : Dec 17, 2021 - 17:31 | More article by this Writer A man walks outside the Federal Reserve Bank of New York in New York City, US, October 12, 2021. (Reuters) The US Federal Reserve recently said it would wrap up its pandemic-era bond purchases in March, signaling as many as three rate hikes by the end of 2022. While the South Korean financial authorities have expressed confidence that the expected rate hikes will have minimal impact on the local market, experts were divided on the matter as of Friday.The nation’s...