Morning Scan: All Eyes on the Fed; Banks Bet on Oil Rebound
12/16/15
Receiving Wide Coverage…
All Eyes on the Fed: Today's the day. Observers expect an announcement at the close of the Federal Reserve's Federal Open Market Committee meeting that will end the era of zero interest rates. The experiment with zero interest rates has neither been a complete disaster nor caused huge leaps in economic growth, the Wall Street Journal comments. But changing a not-entirely-successful policy has its own risks, of course. Raising interest rates isn't as...
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