World Week Ahead: Focus on Fed meeting, rate path

Sun, 18 Mar 2018

By Margreet Dietz March 19 (BusinessDesk) - US Federal Reserve officials are widely expected to lift their target interest rate during their two-day policy meeting, the first chaired by Jerome Powell, and investors will closely eye for any signs the central bank might accelerate its pace of hikes. At the end of Federal Open Market Committee’s meeting on Wednesday, investors will scrutinise its statement and forecasts, as well as the press conference by Powell. “Fed officials should sound somewhat more upbeat at the March FOMC, with t...

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