Alice Cowper on the US Fed and what could come in 2019 – Your Money
The US Federal Reserve has raised rates three times over the last year and is expected to raise rates once more this year. Gradually raising rates has served the central bank well to date. But based on the current take on the US economy, how many more rate rises could there be in 2019? Alice Cowper joins Your Money to discuss. She explains the importance of the US Fed carefully ‘feeling’ its way through data on the economy in the midst of continued market volatility. Since the Australian economy often takes cues from the US, she also touches on potential implications for Australian investors and why an active approach to investing is important, as the volatility looks set to continue in 2019.