“Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on American consumer spending test their resolve to raise interest rates this year. Plunging yields on U.S. Treasury debt are sending conflicting signals about the outlook for the world’s largest economy: on the one hand, they reflect stronger demand for U.S. assets as growth elsewhere falters. On the other hand, they may portend further downward pressure on inflation.”
Related posts:
Drones in the sky over America
Seymour Hersh on bin Laden death: ‘One big lie, not one word of it is true’
Bermuda offshore wealth firm reveals 2016 hack of client data
Yes, Bitcoin Enables Drug Dealing, Just as Major Banks Do
Kyle Bass Tells 'Nominal' Stock Market Cheerleaders: Remember Zimbabwe
French business leaders lash out at Francois Hollande
Politician and paedophile among first to ask Google to 'be forgotten'
Oklahoma town bans e-cigarettes on public property
260,000 Austrians sign EU exit petition, forcing referendum debate
Global financial system as risky as before credit crunch, warns IMF
Border Patrol ramps up New England checkpoints in 'Constitution-free zone'
Germany sees dizzying rise in housing prices
Wife of Belleville man shot 24 times by police files wrongful death claim
Riot after Chinese teachers try to stop pupils cheating
Dubai offers gold to fight obesity epidemic