World Week Ahead: Equities to extend rally

Sun, 22 Mar 2015

By Margreet Dietz March 23 (BusinessDesk) - A flurry of US economic data including on housing, manufacturing, inflation and GDP will help determine bets on the timing of a Federal Reserve interest rate increase. Wall Street rallied last week after the Fed signalled interest rates might increase more gradually than policy makers initially expected. While the Fed’s open market committee dropped a reference to being “patient” when it came to lifting rates, Fed Chair Janet Yellen stressed that it did not mean the central bank had b...

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