Discussing whether the markets are steering the Fed or whether Fed decisions are driving the markets, with Robert Doll, of BlackRock, and Kenneth Heebner, of the CGM Realty Fund
The RBA hiked rates by 25 bps to 3.75%, in line with market expectations. Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors and Adrian Foster, head of financial markets research, Asia Pacific at Rabobank, give their instant analysis to CNBC's Oriel Morrison.
Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors & Adrian Foster, head of financial markets research, Asia Pacific at Rabobank, both expect the RBA to raise rates by 25 bps. They tell CNBC's Oriel Morrison why.
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Current DateTime: 10:55:37 30 Nov 2009 LinksList Documentid: 27721522
The U.S. Treasury plans to push lenders to modify their mortgages in hopes of keeping more Americans in their homes. Michael Barr, assistant Treasury Secretary, provides insight into the program and participants to CNBC's Diana Olick.