US Fed “don’t scare the horses” plan

16 March 2017

 

Markets around the world were essentially on hold in the lead up to the Federal Open Markets Committee (FOMC) March meeting. A 25bps rise was expected to provide only the third such rise since 2009. It would also provide confirmation the rate-raising part of the cycle markets had well and truly begun. The FOMC has since announced it has raised the target range for its official rate, known as the...

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