Why Europe might delay a Fed rate hike: Buffett
May 01, 2015 at 06:03 AM EDT
Billionaire investor Warren Buffett said he believes the Federal Reserve won't be in any hurry to increase interest rates-in part because of the softer U.S. economy at the start of the year, but more so due to what's going on in European bond markets. "I think it would be very hard for the Fed to bump rates up here with negative rates in Europe," the Berkshire Hathaway...