The Traderszone Network

Published in TZ Latest News 6 December, 2015 by The TZ Newswire Staff

Uneasy calm in markets about upcoming U.S. rate increase, BIS says

An “uneasy calm” prevails in financial markets about the first increase in U.S. interest rates in almost a decade, which is widely expected later this month, the Bank for International Settlements said in its latest report. The restrained reaction, especially from emerging markets, to the Federal Reserve’s signals has been encouraging, the quarterly update from the Switzerland-based forum for major central banks said, though it expected volatility to return.

read more