Fed, Bullard: only one hike is needed for the foreseeable future

Market news

12 July 2016

Fed, Bullard: only one hike is needed for the foreseeable future

Despite strong jobs data, the economy is stuck in a low growth, low inflation and low unemployment regime, with the path of interest rates essentially flat.
no reason to forecast a US recesion.

US inventories of wholesale trade increased slightly in May

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