Fed still holds onto September as window for lift-off

August 31, 2015 9:22 AM

32 0

The United States Federal Reserve might not raise interest rates in September, but its will to hike remains strong and an absence of inflation won't be a stumbling block to lift-off after all.

That's the consensus after a meeting of economists at Jackson Hole, Wyoming over the weekend and it leaves financial markets pricing in about a 40 per cent chance of an interest rate rise for the September policy meeting. The China sharemarket crash and ensuing volatility had markets seeing only abo...

Also read: UniCredit's sale of Pekao stake to have no FX market impact

Read more

To category page

Loading...