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Creaky Monetary Policy Wheels Start To Turn

Creaky Monetary Policy Wheels Start To Turn

3 Years ago | March 12, 2017 00:00:00

 John M. Bland, MBA

 



Markets Say Wednesday Fed Hike is A Done Deal Just over a week ago Fed Chair Yellen came as close as a top Central Bank official ever comes to pre-announcing a policy tightening. As a result, the financial markets have priced in a rate hike at the FOMC meeting this Wednesday (March 15).The prospect higher interest rates has also given the USD a bid, driven the yield on the 10-yr note to above 2.60%, and has been weight on equity prices. Equities at time can get caught in the midd

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