In the News

Title

Stock Market Won’t Care if the Fed Doesn’t Raise Rates in 2016

Document Type

Article

Publication Date

7-7-2016

Abstract

The odds that the Federal Reserve will raise rates in 2016 are diminishing rapidly in the aftermath of the Brexit vote, but stock market returns are unlikely to be affected.

An interest rate hike later this year, even at the December meeting after the outcome of the U.S. presidential elections, appears highly unlikely.