2016 Fed Rate Hike Still in the Cards?

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2016 Fed Rate Hike Still in the Cards?

Postby kreslik.news » Sun Jul 17, 2016 4:46 pm

Less than a month ago the idea of a Federal Reserve Rate hike in 2016 was dead in the water, resulting in large part from the instability and uncertainty wrought by the fallout of the Brexit referendum that convulsed markets in late June. Fast forward to July and virtually all US markets have completely rebounded to pre-Brexit levels – in the case of the US equity markets even surpassing previous highs.

While the Fed clearly opted not to hike rates last month, which came as little surprise to analysts and market participants, a tranche of new US economic data has once ... (read more)

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