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1.Market Observations, 8.Was Sticky

17 Mar 2017 (AFR) – Why the Federal Reserve will be cutting three years from now

(17 March 2017, AFR, p32, by Philip Baker)

‘Investors should get ready for as many as seven rate hikes from the US Federal Reserve during the next few years but if Stephen Halmarick is on the money, the world’s most influential central bank will be back cutting interest rates again by 2020. The Fed has now hiked rates three times since its first move in December 2015 but unlike previously, when just the mere thought of the Fed hiking or even putting an end to its bond-buying program sent shockwaves through financial markets, this time around it hardly caused a ripple.’

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