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Issue 94 DIAKONIA World Federation Htefcu Form

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the Fed has entered last year a normalization process of its monetary policy and estimates that a gradual rise in rates is justified based on its economic scenario gradual rise means not to rise at every meeting gradual rise means also that there are no problems from China Europe and the EU referendum in the United Kingdom and furthermore no term out in financial markets weaker-than-expected job creations in May 38,000 versus 165,000 expected and lower momentum in business and service sentiment I've raised doubts and growth scenario and trade in labor these are the key points for the next fed fomc June meeting and the reasons why the fed will probably adopt a wait-and-see stands in this meeting but the door remains open for the July and September meetings the next fomc meeting in July will take place at the end of the month so that mrs. Yellen will have at our disposal a large set of economic indicators from esm to non-farm payrolls we do we expect payrolls to recover next mont

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