The Federal Reserve is widely expected to raise its benchmark interest rate and may also provide details on its plans to shrink $4.5 trillion of assets it amassed to nurse the economic recovery. Economists polled by Reuters overwhelmingly see the Fed raising its benchmark rate to a target range of 1.00 percent to 1.25 percent.
Approximately 75% of the market players expect a rate increase this week. The portfolio is approaching all time highs however with long exposure and with a market trading in a wide range there is a possibility of a sell off below the 2020 level in the SPX. Sunday futures traded higher however most traders
The Board of the Central Reserve Bank of Peru approved to raise the monetary policy interest rate by 25 bps to 3.75 percent. This level of the policy rate is compatible with an inflation that foresees that inflation will converge to the target range in 2016
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.