C&W Research: U.S. Economic Update – Fed Policy Will Depend on the Strength of the Economy

C&W research economic updateThe last time the Federal Reserve made any change to its interest rate policy was in late 2008 when the central bank dropped the federal funds rate to a record low. Now, six years later, the Fed has set the stage for higher interest rates. It is likely that the Fed will begin to raise interest rates during the first half of 2015. The timing and extent of the interest rate increases will depend on how the economy performs over the next several months.

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