Monday 12 September 2016

Equity Mkts to see no Big Fall even if Fed hikes Rate: JP Morgan

The US Federal Reserve raising rates by a quarter point is more of an accommodative stance than aggressive, said James Glassman of JP Morgan. 

Though December will be the right time for a rate hike, US Fed could make a move in the September meeting, he told 

Even if the Fed raises rates, he does not see a big fall in the equities market; he instead expects a short-term volatility in the global market.



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