Fed officials must weigh whether market turmoil that began last month will offset the labor-market improvement.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
European shares fell for the first time this week amid renewed investor concern that the global economy hasn't recovered enough to withstand higher U.S. interest rates.Odds that the central bank will act at its Sept. 16-17 meeting are steady at 28 percent this week, according to Fed funds futures tracked by Bloomberg.A measure of commodity producers posted the biggest decline of the 19 industry groups on the Stoxx 600, with BHP Billiton Ltd. and Glencore Plc falling more than 6 percent.Tesco PLC dropped 2.8 percent and J Sainsbury PLC retreated 1.6 percent as Morrison's pledged to keep cutting prices.
FOLLOW THIS ARTICLE