Internal Fed projection released inadvertently

31 July 2015

 

Late last week Federal Reserve officials confirmed the release of internal staff interest rate projections for the rest of 2015. Normally these projections are not released for five years but they were available on a public website at the end of June. The projections indicate a 0.35% federal funds rate in the December quarter although official June forecasts from the US central bank imply two rate increases for the rest...

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