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Prepare for two Fed rate hikes this year: SocGen

Janet Yellen Chat

The U.S. economy will rebound so sharply in the second quarter that the U.S. Federal Reserve could hikes rates twice this year, according to Alain Bokobza, head of global asset allocation at Societe Generale.



Clegg Rally

Nick Clegg risks party split over vote on EU, rivals warn

Senior Lib Dems warned on Saturday night of disastrous consequences if a Tory-led government is allowed to stage an in/out referendum on Britain’s EU membership, as signs grew that Nick Clegg could split his party if he tries to form a second coalition with the Conservatives.