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UBS WM: No rate hikes expected in Asia in second half of 2017

Central banks across the Asia Pacific left interest rates unchanged in the first half of the year, while the US began lifting rates, and UBS Wealth Management does not expect any rate hikes in the region in the second half of 2017. APAC policy rate hikes may be “a story for 2018” The bank notes that interest rate yield differentials…

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