Despite volatile markets and a deceptively tepid recovery, the Federal Reserve looks unequivocally committed to raising interest rates - but try getting any of the candidates for president to admit such action could undermine the recovery There was something for everyone in August's US jobs report. The headline figure for jobs growth was less than expected, but the last two months were revised up. Wages grew, but the number of people out of the workforce remains worryingly high. What's a central...
A rates hike may hurt the US economy - so why don't the 2016 candidates seem to care?
The Guardian - 5 Sep 2015 17:12
Despite volatile markets and a deceptively tepid recovery, the Federal Reserve looks unequivocally committed to raising interest rates - but try getting any of the candidates for president to admit such action could undermine the recovery There was something for everyone in August's US jobs report. The headline figure for jobs growth was less than expected, but the last two months were revised up. Wages grew, but the number of people out of the workforce remains worryingly high. What's a central...
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