The Federal Reserve decides to leave interest rates alone in September. We would expect their next token bump up no earlier than December, and more likely in Q1 of 2017. As more people re-enter the work force, and without evidence of significant acceleration of inflation, we'll make a guesstimate that they won't take any action until the unemployment rate nears 4.5%, which is likely to occur in the first half of 2017 (barring any weird election outcomes.)
Founder of AP and HCDI, with four decades of financial market study and trading experiences, both good and bad. My aim is to help you benefit from all of those experiences, such that you learn more quickly how 21st century markets and world economies function. As a famous mayor of NYC was fond of saying: "How am I doing?"
(c) 2012-2013 by AdvancedProjections.com and the Hudson Concept Development Institute. All rights reserved. Text and graphics may not be reproduced without the expressed written consent of the Hudson Concept Development Institute.