For some time now speculations have been increasing in the forex market as traders can't tell when the much anticipated US rates hike will be coming. The drama coming from the Federal Reserve have been exhausting with a number of top Fed Officials pushing for interest rates hike in the nearest future.
Recent macroeconomic indicators have been suggesting that the US economy is recovering well with impressive data on growth in the labour market. Even Fed Chair Janet Yellen had admitted that recent data makes the need of interest rates hike more urgent. Interest rates hike will surely make the US dollars very much more attractive.
The last interest rate hike we had from the Federal Reserve was last year December as traders heavily anticipate another one this year.
But do you think we could still see interest rates hike this year?
Recent macroeconomic indicators have been suggesting that the US economy is recovering well with impressive data on growth in the labour market. Even Fed Chair Janet Yellen had admitted that recent data makes the need of interest rates hike more urgent. Interest rates hike will surely make the US dollars very much more attractive.
The last interest rate hike we had from the Federal Reserve was last year December as traders heavily anticipate another one this year.
But do you think we could still see interest rates hike this year?
(Discuss) Could the US Federal Reserve still increase interest rates this year?
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