Why The Fed Is Tying Itself In Knots Over Growth

October 21, 2014   |   October 2014 Bond Updates
Looking through our data and official data recently released real growth is still seen to be fluctuating around a median of 2.5%. There are no signs of activity accelerating away from this median or, for that matter, decelerating either. The mix of lower stock prices, falling gasoline prices, and lower mortgage rates should combine to pretty much keep consumers spending as they have and now there should be an upward tilt to housing.

View more at: http://www.forbes.com/sites/stevenblitz/2014/10/20/what-next/
 
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