World Week Ahead: Fed meets, Brexit watch

Sun, 12 Jun 2016

By Margreet Dietz June 13 (BusinessDesk) - As the US Federal Open Market Committee begins a two-day policy meeting on Tuesday, few bet it will raise interest rates this week and investors will scrutinise Fed Chair Janet Yellen’s post-gathering press conference for any clues on timing. Earlier this month a report showed that US employers added a mere 38,000 jobs in May, the smallest gain in almost six years. That practically removed expectations for a rate increase this week. Traders see a 2 percent chance the Fed will raise rate...

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