Experts at Barclays explain that there was no mention of the rising USD or weaker external growth implies that improving US labor markets in which “underutilization of labor resources is gradually diminishing” is the more significant development for Fed policy.
Thus, they maintain their view the first rate hike will be in June 2015, based on continued labor market tightening.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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