The Traderszone Network

Published in TZ Latest News 21 August, 2016 by The TZ Newswire Staff

Rabobank: Consequences of Fed admitting there’ll be no hikes in 2016 year are "shocking"

Michael Every, is head of financial markets research for Asia Pacific at Rabobank
He has appeared on CNBC with a sobering assessment:
– The consequences of telling the market that hikes were off the table this year would be “quite shocking” and an admission that monetary policy had become ineffective
Says the mkt is now watching Jackson Hole