Fed: Timing of first rate hike is critical - Nomura

The timing of the first rate hike—along with the economic conditions prevailing at the time—is critical for the Fed, notes Richard Koo, chief economist at Nomura Research Institute.
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China's National People's Congress: Headlines hitting the wires

Following news that China has cut its 2015 GDP target to around 7% vs 7.5%, with the CPI also cut to around 3% vs 2014 3.5%, Reuters is carrying additional headlines.
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