The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Does the Chinese yuan devaluation delay the Federal Reserve rate hike?

Comments from BoA/Merrill Lynch:

“is the greater uncertainty after the
Chinese yuan depreciation enough to warrant postponing liftoff? The FOMC
also has the option to slow the pace of subsequent hikes, should
downside risks be realized,” BofA ragues.