How Much Are Central Banks 'Hurting' Savers Around the World?Harrison Roger
The financial world, in its own nervous way, continues to anxiously speculate on when rate hikes will materialize in the U.S.
Current “consensus” among Federal Reserve observers places the month of the first rate increase somewhere around June 2015. (Of course, that date is highly variable, even among voting members of the FOMC.)
Central banks raising interest rates would end the loosening cycle
Should the Federal Reserve actually raise interest rates sometime next year, it would be the end of the “loosening” cycle. An increase in the . . .
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