World Week Ahead: Fed meets, US GDP rebound awaited

Sun, 26 Jul 2015

By Pattrick Smellie July 27 (BusinessDesk) - By Margreet Dietz July 27 (BusinessDesk) - After a week of disappointing US corporate earnings and a slide in commodity prices took their toll on Wall Street, investors are eyeing the US Federal Reserve for guidance on the timing of an interest rate hike. The Federal Open Market Committee’s two-day meeting starts July 28. Fed Chair Janet Yellen has repeatedly said she expects the central bank to hike rates this year. Most economists expect the Fed to move in September. On Wednesday, a C...

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