Stick: US economy may not be robust enough for extended rate rises
Three hikes planned for 2017
Carl Stick, manager of the £1.3bn Rathbone Income fund, is concerned the US economy is not as strong as it needs to be if the Federal Reserve intends to continue on its path of interest rate increases.
The manager (pictured) has warned the US could go into a recession if the central bank starts raising rates at a pace the economy cannot withstand. In mid-December, the Fed lifted interest rates by...
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