Fed Interest Rate Hike: The Canaries Are Quiet
Fed Interest Rate Hike: The Canaries Are Quiet by 720 Global
In the late summer months of 2015 the Federal Reserve were actively discussing the possibility of raising the Federal Funds rate signaling a reversal of their prolonged, zero-interest rate, crisis management attitude towards monetary policy. The prospects of rising U.S. interest rates occurring while many central bankers were actively lowering interest rates and/or printing upset the global financial markets. In mid-2014 when this policy divergence was first suspected by market participants, the U.S dollar . . .
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