World Week Ahead: US rate outlook rethink

Sun, 18 Jun 2017

By Margreet Dietz June 19 (BusinessDesk) - A host of US Federal Reserve policy makers set to speak in the coming days will be closely watched for fresh hints about the pace and timing of interest rate hikes as some investors questioned the latest increase. The Federal Open Market Committee announced a rate increase last week, as had been widely anticipated, and suggested it remains on target for a third lift this year. However, some weak data including on inflation has prompted some concern. Last Friday, the University of Michigan sai...

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