World economy ready for Fed rate hike, says RBA's Stevens – WSJ

(Reuters) – The chief of Australia’s central bank said the world is ready for the U.S. Federal Reserve to raise interest rates for a second time in this tightening cycle, according to an interview published online by the Wall Street Journal.
“I can’t see why the global economy is really any less ready for No. 2 than it was for No. 1,” Reserve Bank of Australia Governor Glenn Stevens was quoted as saying. “It’s as ready as it has ever been in any of the