Friday, April 13, 2018

Fed Interest Rate Forecast


“As long as the economy continues broadly on its current path, further gradual increases in the federal funds rate will best promote these goals.”  Thus saith Federal Reserve Chairman Jerome Powell.  See https://www.reuters.com/article/us-usa-fed-powell/fed-chair-vague-on-trade-risks-his-next-no-2-anything-but-idUSKCN1HD2H6. If the USA has rising interest rates, Canada likely will also.

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