Will the Fed bite the bullet on a rate hike?
As the Fed prepares for the all crucial Fed meet in mid-March 2017, the question is what will be its rate stance. The Fed had hiked rates in December 2016 by 25 basis points after a gap of 1 year. However, it had chosen to maintain status quo in its Feb 2017 policy. The signals are varied at this point of time and it could be a close call on rates. Here is why! Continue reading