Jury is still out on whether the Fed will hike rates this week
Major events like the Fed decision can often produce a calm before the storm effect, as traders prefer to react to the news rather than pre-empt it.
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Hawke’s Bay
Analysts are undecided whether the US Federal Reserve will hike its interest rates at the end of this week.
After the global financial crisis (GFC), the Fed dropped its fund rates from just above 5% to a fraction above zero, to stimulate the economy and prevent further financial downturn.
It has
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Jason Walls
Tue, 15 Sep 2015
Tue, 15 Sep 2015
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Jury is still out on whether the Fed will hike rates this week
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