jueves, 22 de septiembre de 2016

BLOOMBERG. Fed holds, for now. 22/09/2016

The probability of the next Federal Reserve rate hike coming by the end of the year rose to over 60 percent following yesterday's Federal Open Market Committee statement, which showed that three voting members dissented from the majority view to hold interest rates unchanged. While the committee recognized that the case for rising rates had strengthened, it decided to hold of on a hike - for the time being. If there was some clarity from the Fed, yesterday's Bank of Japan decision still has investors scratching their heads, wondering exactly what the bank's target for the yield curve is.

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