What's Needed for the Prime U.S. Workforce to Fully Recover?
Next week market mavens and economists will be focused on the question of whether the Federal Reserve announces a rate hike at the conclusion of their September 16-17 meeting. Today the Financial Times reported that World Bank chief economist, Kaushik Basu, has warned the Fed to delay a rate rise to avoid the risk of “panic and turmoil” in emerging markets. At this point, the Fed’s dual mandates, inflation and employment, appear to be sending mixed messages.
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