Return to Normality? FED Set To Raise Rates for First Time Since 2006

UPDATE: DomainMondo.com: Breaking: FED FOMC Rate Hike of 0.25, Press Conference 2:30 pm EST




A world of central bank divergence | Analysis Review (video above) - The European Central Bank has eased monetary policy while the US Federal Reserve is widely expected to tighten interest rates. The FT’s Martin Wolf and JPMorgan Asset Management’s Stephanie Flanders discuss the implications with Frederick Studemann. Published Dec 10, 2015, by the Financial Times.

On Wednesday, the second day of its FOMC Meeting (15-16 Dec 2015), we will find out (Press Conference 2pm EST) if the U.S. Federal Reserve will finally raise interest rates (for the first time since 2006).

Below: tweets about fed interest rate increase and tweets by @federalreserve:

Tweets about fed interest rate increase
Tweets by @federalreserve

See on Domain Mondo:

• Did The Fed Just Signal A Deteriorating Global Economy Into 2016 (videos) 17 Sept 2015
• Wall Street and the World Are Watching: Will the Fed Make Its Move Now? 16 Sept 2015

See also: Why December Is Looking Likelier for the Fed to Raise Interest Rates - The New York Times and

Fed's Historic Liftoff and Everything After: Decision Day Guide - Bloomberg Business: "... what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. Wednesday following a two-day meeting in Washington. Economists and traders expect the first interest rate increase since 2006, marking the beginning of the end for the unprecedented era of easy monetary policy. The move would come at a time when a commodity slump is causing the market for high-yield bonds to gyrate, sending tremors through financial conditions indexes and spreading unease across trading desks..."

Note:  Press release and press conference | Wednesday afternoon, December 16, 2015.

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Downside of FED Rate Hike: Dollar Strength vs Global Growth (videos)

Dollar strength destroying global growth | FT Markets - The strong dollar is destroying global growth, says Michael Power, strategist with Investec Asset Management. He explains to EM Squared editor Jonathan Wheatley why the IMF's way of measuring growth using purchasing power parity is out of touch with the real economy. Published on Nov 18, 2015

Domain name: investecassetmanagement.com



Emerging currency pressures | Authers' Note - John Authers on emerging market currencies as everyone prepares for higher rates from the Federal Reserve. [Published Dec 10, 2015, by the Financial Times.]

US Federal Reserve FOMC is expected to announce its decision Wednesday, December 16, 2015. Last week traders were placing an 80 percent probability that the Federal Reserve will raise rates (which has not happened since June 2006, according to data compiled by Bloomberg). Even Jeffrey Gundlach, CEO of LA-based DoubleLine Capital (doubleline.com), which has about $80 billion under management, indicated during a webcast last Tuesday that the US Federal Reserve FOMC appears “hell-bent” on a rate hike despite weak economic signals such as gross domestic product.

#ratehike Tweets

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