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Managers take cautious approach ahead of expected US rate rise as ‘wary’ Yellen likely to underwhelm on outlook

Currencies - Investment Week Currencies - Investment Week

Managers take cautious approach ahead of expected US rate rise as 'wary' Yellen likely to underwhelm on outlook

Asset managers are widely anticipating a US interest rate increase to be announced by the Federal Reserve, but expect chair Janet Yellen to "disappoint" markets with a dovish outlook in the face of President-Elect Donald Trump's expansionary fiscal policy plans.

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