Posted by: RAPV | July 29, 2016

Fed considers interest rate hike

Yesterday’s Fed statement suggesting that “near-term risks to the economic outlook have diminished” that “job gains were strong” and “household spending has been growing strongly” indicates a Fed that’s again taking steps to prepare the market for a rate rise, probably in December.  But, if July and August employment and inflation numbers are strong, a September rate rise is certainly possible.  Listen for more clues during Fed Chairman Janet Yellen’s talk on 8/26/16.

Source: Elliot F. Eisenberg, PhD, GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
www.econ70.com

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