Why we expect higher US rates than consensus - Sheldon MacDonald
Architas advent calendar - 20 December
The Federal Reserve's decision last week to increase US base rates by 25 basis points may have been widely expected, but markets were still surprised by the central bank's positive assessment of the economic environment, says Architas deputy chief investment officer Sheldon MacDonald.
Speaking in the above video, which continues Professional Adviser's Architas Advent Calendar counting down to Christmas, MacDonald discusses the Federal Open Market Committee's decision and explains why...
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