Sentences with phrase «future pace of interest rate hikes»
Gold slid to a four - month low on Tuesday as the dollar strengthened ahead of a US Federal Reserve policy meeting that is being watched for clues on the future pace of interest rate hikes.
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World shares and bonds rallied on Thursday, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, weakening the dollar and lifting commodity prices.
The Federal Reserve is also due to meet this week, and while no rate hike in benchmark U.S. interest rates is expected, investors will look for clues on the future pace of increases.
Federal Reserve Chair Janet Yellen will told a Congressional committee in December the U.S. economy faces a number of global threats that could derail growth and compel the Fed to slow the pace of future interest rate hikes.