World Week Ahead: Fed set to move

Sun, 10 Dec 2017

By Margreet Dietz Dec. 11 (BusinessDesk) - Federal Reserve policymakers are widely expected to raise their target interest rate increase at this week’s meeting and investors will scrutinise any changes to their outlook for further hikes next year. The Federal Open Market Committee is scheduled to end its two-day meeting on Wednesday, which will be followed by a statement and forecasts, as well as a press conference by chair Janet Yellen. Underpinning already-firm bets the Fed will lift rates were the latest US jobs data. Last Friday...

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