Trying to Make Sense of the Fed Trying to Making Sense of It All

From the Wall Street Journal

Global stocks rose Wednesday for the first time this week, pausing a steep selloff as investors shifted their focus to the Federal Reserve’s June meeting. 

“We expect two rate hikes in 2016, in July and December,” said Oxford Economics’ economist Gregory Daco. “Given prevailing headwinds, the Fed will take an extremely cautious approach to rate tightening, but less cautious than markets expect.”

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