|Wall Street Journal||–||
LIMA, Peru—Talk of the Federal Reserve’s first rate increase in almost a decade tends to send many investors into a frenzy. For the world’s central bankers, it is increasingly likely to elicit sighs of resignation.
It often appears that no matter what the Federal Reserve does, its actions are destined to draw the ire of market participants. Now, it appears that what it doesn’t do is at least as likely to ruffle feathers.