Taper Tantrum nightmares won’t haunt emerging markets in Asia

Policy makers and investors also see a different story in emerging Asia, where South Korea is the lone central bank expected to hike as early as this year -- and more for growth reasons around normalization, rather than inflation. During the first half of the year, 13 Asia-Pacific central banks held interest rates steady, the only exception being a cut in February by Indonesia.

via Economictimes