The Federal Reserve’s impending rate hike is about as popular as - TopicsExpress



          

The Federal Reserve’s impending rate hike is about as popular as the New Coke; however, no soap operas were interrupted last week when the Open Market Committee statement indicated rates would remain in “the current target range” for a “considerable” period of time after quantitative easing ends. Investors embraced the news pushing both the Dow Jones Industrial Average and the Standard & Poor’s 500 Index up more than 1 percent for the week.
Posted on: Wed, 24 Sep 2014 16:45:42 +0000

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