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Nick Dixon, Aegon

Central banks won't follow Fed's interest rate lead

Nick Dixon, Investment Director at Aegon UK, comments on the Federal Open Market Committee's interest rate decision… 

You could argue the Fed was excessively prudent in pulling the trigger in December, with global market turmoil picking up pace and commodity prices crashing.  With the ECB hinting at a further dose of monetary stimulus, it’s safe to say other major Central Banks will not follow the Fed’s lead any time soon.”

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