The Fed entered the New Year with a bold plan. Over the course of the next twelve months, the U.S. central bank was strongly suggesting its intent to carry out four quarter point interest rate hikes. But since the start of the year, the global economy has continued to sputter, the stock market has dropped like a stone and previously latent risk factors have suddenly surfaced to grab the attention of investors. Although the Fed continues to try and talk a good game about their determination to raise interest rates, what is the latest market read on what the Fed will actually do?
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