Are US interest rates set to rise again?

The Federal Reserve looks set to hike US interest rates in the coming monthsThe Federal Reserve looks set to hike US interest rates in the coming months

It seems increasingly likely that the Federal Reserve will impose further interest rate hikes this year, six months after it increased rates for the first time in almost ten years. At the Fed’s review in April, members voted strongly to keep interest rates unchanged, pointing to fears over the sluggish growth of US economy in Q1, Britain’s potential exit from the EU and uncertainty over China. Four hikes were forecast for 2016, but it’s a figure that’s been revised down to two in the light of flat economic conditions globally. Read more…

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