World Economy

Rate-Hike Plans

Rate-Hike PlansRate-Hike Plans

 The US Federal Reserve could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus, Reuters said. Although a tightening of monetary policy is not expected until mid-2015, the central bank could use a policy statement on Wednesday to lay important groundwork.