Robert Halver on Federal Reserve

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Last quote by Robert Halver on Federal Reserve

The markets are relaxed for two reasons: first, the Dutch voted in favour of Europe which definitely helps the European atmosphere. I am convinced the French will also vote the same. The other issue is that the US rate increase happened as expected. The rate hike is being interpreted as the US economy doing better than expected. So, a rate hike is acceptable. But much more important is that Fed Chair Janet Yellen made it clear we shouldn't worry about more rate increases any time soon.feedback
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Mar 16 2017
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