World Week Ahead: Fed set to move

Sun, 11 Dec 2016

By Margreet Dietz Dec. 12 (BusinessDesk) - With Wall Street at record highs, investors are keenly awaiting the US Federal Reserve’s view on the outlook for interest rates next year. The Federal Open Market Committee, which begins its two-day policy meeting on Tuesday, is widely expected to announce a rate hike on Wednesday. It last lifted its key target rate a year ago. “The market is going to try to key off of whether we are going to fall into the one-to-two [hikes], or the three-to-four for 2017," Jason Ware, chief investment office...

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