Comment on Global market chaos throws Federal Reserve’s rate hike plan in doubt

Global market chaos throws Federal Reserve’s rate hike plan in doubt

The Federal Reserve had expected to begin withdrawing its support for the nation’s economic recovery this year, but mounting evidence of a global slowdown could extend the era of easy money.Fed officials have signaled for months that they are getting closer to raising the central bank’s target interest rate for the first time in nearly a decade.

 

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