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EDITORIAL

Fed should rethink the need for an interest-rate hike this year

Friday, October 2, 2015 - 05:50

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There is a school of thought that feels the US Federal Reserve should have raised interest rates at its Federal Open Market Committee (FOMC) meeting last month instead of leaving markets to buckle under the worry over when the first hike might occur.

THERE is a school of thought that feels the US Federal Reserve should have raised interest rates at its Federal Open Market Committee (FOMC) meeting last month instead of leaving markets to buckle under the worry over when the first hike might occur.

Since the end of that meeting on Sept

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