Growth: Interest Rates and Employment

growth: Just like a year ago, the Federal Reserve December meeting forecast things were looking better and it was time to gradually keep pushing interest rates back to more normal levels, according to Australian Broadcasting Corporation. The market had priced in a further four hikes through 2016 as inflation, employment and growth were expected to climb off the mat. AP Gerald Herbert Map Australia This time last year the Federal Reserve flicked the switch to lift-off, raising interest rates for the first time since 2006. However, lift-off pretty well stalled on the launch pad, as a China-inspired anxiety attack showed that the world was still a dangerous place. The Fed December 2016 re-ignition bares some similarities to last year version but at a slightly lower trajectory, with three increases priced in. January and February were hit by a here-we-go-again panic on the markets, as speculation about a hard landing in China became an article of faith. (news.financializer.com). As reported in the news.