Barclays, Noting Confusion, Looking For 2016 Rate HikeMark Melin
As the stock market drops precipitously today – the S&P 500 was down over 40 points in early afternoon trading – a report by Barclays says a “convoluted communications process” has led to “uncertainty about the Fed’s reaction function,” as the report re-iterates a March 2016 Fed lift off date with rate hikes even later in 2016 a possibility.
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