World Week Ahead: Eyes on Fed’s Brainard

Sun, 11 Sep 2016

By Margreet Dietz Sept. 12 (BusinessDesk) - Investors will scrutinise a speech by US Federal Reserve Governor Lael Brainard today to gauge if the central bank might hike interest rates next week after all. Today’s speech by Brainard, only announced late last week, follows Friday’s comments by Boston Fed President Eric Rosengren who warned that the central bank might risk overheating the US economy if it waited too long before raising rates again. “If we want to ensure that we remain at full employment, gradual tightening is likely to...

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