AFF 2017: Market Optimism, Belt and Road Tonic
08 February 2017
The US faces at least three interest rate hikes in 2017 if the new US President delivers on promises, said AFF keynote speaker Mohamed El-Erian. Second keynote speaker Raghuram Rajan expected stronger US growth short term based on market optimism. He believed China’s Belt and Road Initiative could link Asia together, with Hong Kong in a connector role. Dr El-Erian said the AFF 2017 itself “exceeded expectations”.