US Economy Expected to Grow Despite Higher Rates; Fed and BoE on Hold
The US economy is projected to continue growing despite higher interest rates, according to the House. Analysts also anticipate that the Federal Reserve and the Bank of England will maintain their current interest rates this year.
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US Economy Can Keep Growing Despite Higher Rates, Says House
Wells Fargo’s Sarah House says Chair Kevin Warsh may use Jackson Hole to focus on longer-term questions facing the Federal Reserve rather than signal the next move on interest rates. She also discusses alternative economic data, the Fed balance sheet, Treasury yields and why the U.S. economy continues to show resilience. House speaks with Bloomberg's Tom Keene and Paul Sweeney on Surveillance Radio. (Source: Bloomberg)
Read full article →Analysts’ views: forecasters continue to see Fed and Bank of England on hold this year
Fed and BoE will remain on hold, with rate rises from ECB and Bank of Japan to come this year, according to our August survey
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