Premature to rule out an interest rate increase this year In the current state of the economy,

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Premature to rule out an interest rate increase this year In the current state of the economy, it would be worse to raise rates too soon than moving slightly too late and adjusting by raising rates more quickly.

Source: The Wall Street Journal, August 1, 2016 What are some of the problems that could arise if the Fed raises interest rates too soon or too late?

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Essential Foundations Of Economics

ISBN: 9781786633255

8th Edition

Authors: Robin Bade, Michael Parkin

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