World Week Ahead: Central banks take centre stage

Sun, 24 Jan 2016

By Margreet Dietz Jan. 25 (BusinessDesk) - After a volatile start to the year, investors will scrutinise a statement from US Federal Reserve policy makers at the end of their two-day meeting on Wednesday for signs of a slower path of interest rate increases this year. Forecasts released after the Federal Open Market Committee’s December meeting showed policymakers expected four rate hikes in 2016. However, since then oil prices have dropped to 12-year lows, dragging global stock markets and other commodities in their wake. ...

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