World Week Ahead: Fed meeting, US jobs

Sun, 30 Apr 2017

By Margreet Dietz May 1 (BusinessDesk) - The US Federal Reserve meeting ending Wednesday, as well as the latest monthly US jobs data, followed by a speech from Fed chair Janet Yellen may help propel the bull market to fresh highs. The Federal Open Market Committee, beginning its two-day meeting on Tuesday, is not expected to raise interest rates. But having signalled two more hikes this year, investors will eye the FOMC statement for any clues about when they might plan to do so. Indeed, some data such as an increase in business spendi...

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