You are here

Fed expected to postpone rate hike despite being upbeat about economy

BT_20150729_KVFED29_1796949.jpg
"Although there are tentative signs that wage growth has picked up, it continues to be relatively subdued, consistent with other indications of slack," said Ms Yellen.

Washington

FEDERAL Reserve policymakers are more confident about the US economy, but are expected to again put off hiking interest rates at the end of a two-day meeting that begins on Tuesday.

Members of the Federal Open Market Committee (FOMC) appear ever-closer to raising

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom