World Week Ahead: Finally, it's Fed week

Sun, 13 Dec 2015

By Margreet Dietz Dec. 14 (BusinessDesk) - The US Federal Reserve’s two-day meeting and a widely-anticipated interest rate increase will form the key driver in the coming days as investors eye clues about the projected pace of future hikes. Earlier this month a Labor Department showed a higher-than-expected gain in nonfarm payrolls in November, which held the unemployment rate 5.0 percent, the lowest level in more than seven years. The Federal Open Market Committee concludes a two-day meeting on Wednesday, which will be follow...

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