Friday, September 9, 2016

Markets May Wilt On Fed Warning Of Overheating

The major U.S. index futures are pointing to aÿlowerÿopening on Friday,ÿÿwith futures indicating a notably lower after a Fed speech fanned up Fed rate hike worries. Boston Federal Reserve Bank President Eric Rosengren hinted at a near term hike, premised on the logic that continued monetary policy accommodation would lead to overheating of the economy.

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