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Weekly Debate: Is The Fed Going To Hike Rates This Week?

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Editor’s remarks:
Today will see two major banks make decisions: first the Bank of Japan and then the US Federal Reserve. The Bank of Japan earlier today decided not to change its -0.1% interest rate but declared a shift to its policy, from asset buying to controlling interest rates. The world is now anticipating the Fed’s decision later today. The majority of experts, including The Market Mogul readers, believe that rates will be held but still markets have not moved much this week just in case. Most likely, stocks will jump after the Fed decides to hold rates steady, which might shed some clarity over what the BOJ will do over the coming months. However, Yellen and her committee might take a slightly longer term vision and change all of that.

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