International News (Issue 369) – 18 September 2015

INTERNATIONAL NEWS

This week it was all about the Fed. 30% of economists were tipping a rate rise.

The Feds decision was ultimately based on slowing growth figures in China and the emerging markets along with financial markets instability.

Federal Reserve chair Janet Yellen claimed “recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near-term.”

For now we wait until the next meeting. The question is whether the rate rise occurs in 2015 or 2016.

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