Tag: Interest rates
US could wait until next summer to raise interest rates, say economists
Surveyed experts predicted last weeks rate rise would be followed by two more next year, not three. The Federal Reserve could wait until at least next summer before raising interest rates again, according to Wall Street economists surveyed by the Financial Times. Expectations that a rate rise last week by the US central bank would […]
Prepare for the next recession while you can
Governments should start normalising monetary policy and cutting public debt before the next economic downturn hits them. Economic forecasts for 2017 project continued frailty in the global economy, and subpar growth for most countries and regions. Obvious economic problems include Europes weak banks, Chinas distorted property market, political uncertainty in the west, historically high private […]
Federal Reserve minutes show close call on September interest rate hike
Three central bankers voted in favor of increasing rates amid easing risks of Brexit but experts still expect only one hike this year, after December meeting. The Federal Reserves decision not to increase rates in September was a close call, the minutes released on Wednesday show. When the Federal Open Markets Committee (FOMC) met in […]