Richard Rippe
Richard Rippe
bias change economic fed likely policy rate recovery remove risks split suspect towards weakness
The Fed is likely to make no change in its rate policy because it still see risks in the economic outlook, but I suspect it will remove its bias towards easing. Now that recovery is underway, the Fed will probably tell us the risks are a little more evenly split between weakness and inflation.
economy fact faster growing knows nobody stage stop sure
The economy is still growing very rapidly, probably faster than is sustainable, at this stage of the expansion. The fact is nobody knows for sure what it will take to stop it.