What a US Fed Rate Rise means for Australia
An improving job market in the United States and a strengthening national economy is likely to see the US Federal Reserve (Fed) lift rates for the first time in a decade this week. The Fed itself has been abundantly clear it is keen to begin the “normalisation” of US monetary policy, but mixed US economic data in recent weeks has thrown a question mark into the mix. Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital still believes a rate hike on 16 December is 70 per cent likely.
Patricia BabalisDec 13, 2015( 4 min read )
