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Fed Officials Not Too Eager on Implementing Rate Hike in March


February, 23 2017
watermark Economic news

Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this coming March and might wait until such time that the market feels right enough to actually implement a rate hike. The central bank is more keen than ever to implement at least three interest rate hikes this year but its officials are not losing their patience just yet to actually impose a rate hike anytime soon. However, this could change depending on the release of subsequent economic data in the coming days, as these will become indicators on whether there is an actual need for an interest rate hike from the Fed.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.