The improving trend in economic data, especially in the US, is fuelling expectations that interest r...
The improving trend in economic data, especially in the US, is fuelling expectations that interest rate increases are likely soon. Indeed, money markets are now betting on a rise in the closely watched Fed Funds rate as soon as the next meeting of the FOMC in May. In recent speeches, Alan Greenspan has struck a decidedly cautious tone, emphasising the need for the corporate sector to begin to participate in the recovery process to ensure its sustainability. Judging by the latest round of profits reports, this is not yet happening. However, as the recently released minutes of the Janua...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes