Fund managers do not expect Federal Reserve to raise interest rates until H2 2010; Commodities most popular in four years
Nov 19th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A majority of investors expects the Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November, which was released on Wednesday. Commodities are the most popular in four years as demand for inflation protection grows.