The fear is that the economy is "running hot" and that will prod the Fed to keep rates high (or higher) for longer, in order to lower the economy's temperature—possibly triggering a recession at some point.
Read Full Article »The fear is that the economy is "running hot" and that will prod the Fed to keep rates high (or higher) for longer, in order to lower the economy's temperature—possibly triggering a recession at some point.
Read Full Article »