re: confidence in u.s. economy sinks lower-abc/mon
Morning folks,
Me thinks the Fed will begin raising rates soon even with a low inflation rate. The Fed needs to move back to near normal rates (a couple of points above inflation) so that if the economy does falter at some stage they have room to inject stimulus through a rate cut. So with the US economy moving along nicely expect some rate hikes while it has the strength to absorb them - just like we did.
