28-08-2015 17:34 via news.yahoo.com

Wild week for markets set to end quietly

A white-knuckle ride for global markets this week looked set to end with a whimper on Friday as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded on a strengthening U.S. economy. The market turmoil should not delay the Fed from raising interest rates at least once, as the global equities rout and China's slowdown have had little effect on the U.S. economy, St. Louis Fed President James Bullard told Reuters
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