LONDON: Stock markets flattened Thursday and the dollar lost support as investors gave a lukewarm response to the Federal Reserve's signal that US interest rates may rise faster than expected.
US central bankers on Wednesday hinted that they may need to raise interest rates more rapidly than planned owing to "considerable uncertainty" linked to US President-elect Donald Trump's fiscal stimulus plans that risks fanning inflation.
This was according to minutes of the final 2016 policy meeting in December at which the US central bank lifted rates.
Original Source:http://ift.tt/2iYdxGZ
Submitted January 06, 2017 at 08:50AM by rogerdrago http://ift.tt/2i0fPH2
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