Simply Credit Help – Debt and Bad Credit Improvement Advice
weakened-world

Brexit a knockout punch to Fed’s interest rate divergence mantra

June 25, 2016 by · Leave a Comment 

By Howard Schneider WASHINGTON (Reuters) – Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from…

View post: 
Brexit a knockout punch to Fed’s interest rate divergence mantra