The Federal Reserve has boosted its outlook for U.S. economic growth this year and is slightly more optimistic about the unemployment rate, reflecting improvements in recent months. Its prediction for inflation is slightly higher but remains below its 2 percent target. (That is "core inflation," which excludes food and energy.) And Fed officials will keep interest rates at zero through 2014. (Now, isn't that a ringing endorsement. If the economy was vibrate, one would expect interest rates to be moving higher. However, the Fed expects the economy to be "WEAK" through 2014! The Fed can not have it both ways. However, it is definitely trying to put a good spin on this economic weakness.)
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