Policy Watch – Outlook: Are the Fed’s projections too pessimistic? by Carlos B. Cavalcanti published at the Research Gate (10/2015). “…Since some analysts and investors understood that the revised growth projection meant that an interest rate increase would be postponed indefinitely, Fed officials came out soon after the September 17 meeting with statements and interviews aimed at indicating that an increase in the Federal-funds this year (2015) was still being considered.”
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