While you were sleeping: Positioning for the Fed

Wed, 16 Mar 2016

By Margreet Dietz March 17 (BusinessDesk) - Equites moved lower before the end of the US Federal Open Market Committee two-day meeting. Fed Chair Janet Yellen is set to hold a closely-watched press conference after the meeting at which policy makers are expected to hold the central bank’s benchmark interest rate steady. “The centre of the committee will likely recognise that the data do not suggest any material slowdown in the US economy and that financial markets have stabilised, at least for now,” Roberto Perli, an analyst with New...

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