07-01-2016, 03:55 PM
(07-01-2016, 10:44 AM)CityFarmer Wrote: This is the base for market expectation. A interest rate of 1.25% by the end of the year 2016?
Fed's Fischer says four rate hikes in 2016 'in the ballpark'
WASHINGTON (Jan 7): Federal Reserve Vice Chairman Stanley Fischer said that the median of policy maker forecasts predicting four quarter-percentage point interest-rate increases in 2016 was "in the ballpark", though it wasn't possible to know the exact number now.
"The reason we meet eight times a year is because things happen, and as they happen you want to adjust your policy," Mr Fischer said in an interview Wednesday on CNBC.
...
http://www.theedgemarkets.com/sg/article...6-ballpark
Haha they wanted to start hiking early as well last year before all the China stock crash drama.
Now that similar situation is coming up, they are very likely to delay any hikes...
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com