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Recent sentiment has dramatically upped the market’s expectation that the Fed will hike rates at their March meeting. Informa Financial Intelligence’s Chief Macro Strategist David Ader looks at what‘s behind the about face.
U.S. and emerging-market fixed-income funds continued to pull in new money over the past week, in spite of fears U.S. Fed will raise rates sooner than expected. Informa Macro Strategist David Ader predicts a March rate hike is off the table.