Rate Hike Will Depend on Data and Judgement, Says Fed Vice Chair
This article was originally published on ETFTrends.com.
Even with the latest market sell-offs occurring in U.S. equities, the general consensus in the capital markets is that a rate hike will be announced by the central bank in December, but the decision will also hinge on data, judgement and a little extra, according to Federal Reserve Vice Chairman Richard Clarida. “A monetary policy [...]