One of the most important interest-rate policy announcements in years will happen tonight at 8pm.
The US Federal Reserve will reveal whether it will raise interest rates for the first time in nearly a decade.
The expectation is that they will not.
The Money Show’s Bruce Whitfield interviewed Chris Hart, outgoing Chief Strategist at Investment Solutions.
Scroll down for quotes from the audio below.
The US is showing life, but a lot of the data is unconvincing. And there is no sign of inflation. It’s unlikely Yellen is going to hike rates now.— Rudi van der Merwe (Standard Bank)
The Fed is damned if they do and damned if they don’t. Systemic risks are rising. Debt levels are very high.— Chris Hart
There is a lot of uncertainty, which explains the market’s volatility. The market and the Fed are dancing on eggshells.— Chris Hart
Almost all currencies are falling. The US dollar is the last man standing.— Chris Hart
Interest rates should never be this low! The consumption led growth, built on debt, is unsustainable. We need higher rates.— Chris Hart
Recommendedby NEWSROOM AI
Small business guru Pavlo Phitidis gives advice to a listener who has an opportunity to turn a tiny business into a massive one.
Don’t be dumb with money like many smart people! Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
Flew SA Express lately? You’re lucky to be alive! Bruce Whitfield interviews SA Civil Aviation Authority CEO Poppy Khoza.
Tiger Brands reported a 16% drop in half-year earnings. Bruce Whitfield interviews its CEO Lawrence MacDougall.
For your assets to generate an income that lasts as long as you do; here’s what you’ll need to amass (and tips for getting there)…
Bruce Whitfield interviews Smart who, at the age of 52, is retiring, and looking forward to a more “purposeful” second life.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
Join Joburgers from all walks of life come together peacefully, united in their diversity for a fun family day out.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.
Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?