Fed likely to make conventional rate cut
Fed officials emphasise restraint, say aggressive move could lead to market imbalance
IT'S all about the Fed.
Last week, US stocks went nowhere fast, amid conflicting signals from earnings reports, Iran and - above all - the Federal Reserve.
While stocks gave up some gains, major indexes remain close to all-time highs. This week is likely to see more minor jitters unless events in the Middle East, earnings reports, or the European Central Bank (ECB) can break the market's monomania.
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Capital Markets & Currencies
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