All eyes on the Fed on Thursday

Sun, 17 Mar 2019

By Jenny Ruth March 18 (BusinessDesk) - The global focus for financial markets this week will be the US Federal Reserve's latest monetary policy statement and economic forecasts due early Thursday New Zealand time. The central bank's comments, particularly about whether it will continue to reverse its previous money printing programmes and its outlook for interest rates, will be key to whether equities markets can continue to rally. The broad measure of US stocks, the S&P 500 Index, gained almost 3 percent last week and is now more tha...

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