Pictet WM: Fed is caught in an “acute dilemma”

24 August 2017 | 2 minutes read

Pictet Wealth Management believes that the US Federal Reserve is caught in an “acute dilemma” due to a combination of “loose” financial conditions and low inflation. “Despite a few Fed rate hikes since end-2015, financial conditions have remained very loose,” the bank said in a research note, adding that the prevailing financial landscape is supportive of higher asset prices –…

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