‘All bets off’ on Fed’s next rate rise
The US Federal Reserve’s decision to hold interest rates in the 0-0.25% target range was met with muted response by investors, not surprised by the dovish tone.
Federal Reserve
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ANALYSIS: Brazil, China weigh on next week’s Fed decision
S&P’s surprise downgrade of Brazil’s credit rating on Wednesday has added another layer of complexity to the decision facing the members of the Federal Open Market Committee next week.
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Castlestone Management View Point
The ending of an era of unprecedented quantitative easing was announced on October 28th by the US Federal Reserve. The end of the third quarter of 2014 showcased two significant events across global financial markets.
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Credit Suisse pleads guilty in US court
Credit Suisse has pleaded guilty to conspiracy to assist US customers in presenting false income tax returns and has paid a settlement to the US Government of $2.8bn.