Kamal Sharma December Quotations

In December 2004, U.S. interest rates were at 2.25 per cent and people were expecting them to top out at 3.0 per cent -- the Fed hikes this year have been the catalyst for an end to the dollar's bear run.

In December 2004, US interest rates were at 2.25pc and people were expecting them to top out at 3pc - the Fed raises this year have been the catalyst for an end to the dollar's bear run.