World Week Ahead: Equities in holding pattern

Sun, 14 May 2017

By Margreet Dietz May 15 (BusinessDesk) - As Wall Street continues to hover near record highs, investors will eye speeches by several Federal Reserve officials this week for fresh clues on the timing and pace of further interest rate increases as well as a start date for paring its balance sheet. Last Friday's reports on US retail sales and consumer prices both showed weaker-than-expected gains but still kept alive bets that the Fed might announce its second rate rise this year after its June meeting. “The data that we got [last] wee...

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