World Week Ahead: Ball in Yellen’s court

Sun, 15 Jun 2014

By Margreet Dietz June 16 (BusinessDesk) – Federal Reserve policymakers are poised to meet this week just days after Bank of England Governor Mark Carney served an apparent ace: investors should prepare themselves for higher UK interest rates sooner than expected. That warning came as a wake-up call to many investors and stands in stark contrast to the message from Fed officials who’ve been at pains to downplay expectations about the first increase in US rates, even as growth in the world’s biggest economy continues to accelerate....

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