Dollar down, volatility up: what Australia can expect from a US rate rise
- Written by The Conversation
Lucas Jackson/Reuters
On September 17 the Federal Open Market Committee will announce its decision on monetary policy in one of the most keenly watched US Fed policy meetings of recent times.
Since reaching zero (officially 0%-0.25%) in December 2008, the federal funds rate (the US equivalent of the RBA cash rate) has remained...
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