US Fed blinks

17 March 2016

 

Despite the US Fed talking tough on rates in 2016, at its latest meeting held this week, the FOMC left the federal funds rate target unchanged at 0.25% to 0.50%. No one really expected the US Fed to raise rates at its latest meeting; the odds implied by US cash markets for such a lift were around 5% just prior to the meeting. What has created also created some comment...

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