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Does the Economy Remain Too Weak For The Fed To Raise The Federal Funds Rate?

Saturday, November 12, 2016 0:09
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Written by Steven Hansen

I have written before on the raising of the federal funds rate [here]in June. The main thrust of that post:

…. the Fed was negligent in not raising the federal funds rate earlier – when the economy was running on all cylinders in 2014. I have consistently forecast that beginning in 2015, the economy was slowing and that raising the federal funds rate coincident with a slowing economy is not logical on many levels.

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