The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters
The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters
Comment /  Opinion

The Fed has again kicked the can down the road on interest rates

Pressure is building to normalise rates, and each delay will lead to more volatility in the capital markets

Topic |   US Federal Reserve
SCMP Editorial
SCMP Editorial

Updated: 2:54pm, 20 Jul, 2018

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The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters
The US Federal Reserve’s decision to keep interest rates on hold was not a surprise. Photo: Reuters
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