From Linette Lopez writing at Business Insider:
The Federal Reserve closed 2015 by doing something it hadn’t done since 2006: It hiked interest rates, initiating a phase of tighter monetary policy.
Since then, Wall Street analysts have been asking themselves when the next hike is coming and how many hikes there will be before the world gets back to a “normal” monetary policy (whatever that means).
There are others in the market, however, who believe that something could stop the Federal Reserve’s tightening phase dead in its tracks.
They believe that weakening credit in massive economies around the world will make it impossible for the Fed to continue to hike rates through 2016.
Read the rest of the story at Business Insider.