In the News

Title

Why the Federal Reserve hiked rates

Document Type

Article

Publication Date

12-17-2015

Abstract

The move immediately led to calls in Britain for the Bank of England Monetary Policy Committee to follow suit. In a further sign of oversupply in the market, data released late on Tuesday by the industry group, American Petroleum Institute, showed a surprise build of 2.3 million barrels in USA crude stockpiles last week.