PVG Market In A Minute – September 15, 2015
- PVG Admin
- September 14, 2015
The Federal Reserve meets on Wednesday and Thursday and will decide on whether to raise interest rates. The Fed-funds futures indicate a small chance of an increase, and half of all economists surveyed by Bloomberg believe they will raise rates. The Fed has two goals; full employment and containing inflation or for now protecting against deflation. The unemployment rate is currently 5.1%. We believe in some geographic areas of the country we are seeing wage inflation and other areas stagnation, but 5.1% is very close to full employment.
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Market in a Minute 2015-9-15