You are here

Rates: To raise or not to raise

The financial world is now preparing for a possible 0.25 percentage point hike in US interest rates in June

Solid job gains and real income growth, along with a high level of household wealth and relatively upbeat consumer sentiment, were expected to support a pick-up in US consumer spending.

IN THE minutes of the April Federal Open Market Committee (FOMC) meeting released on May 18, there were explicit mentions of the Fed considering a hike in interest rates at the June 14-15 meeting, in addition to discussions of the state of the global economy, the US economy, and the lack of...

Market voices on: