FBC The Intelligence Report With Trish Regan August 17, 2016
Economic growth was Strong Enough to withstand a possible downward shock to demand in the economy. However, some other participants judged it that another, another increase in shortterm Interest Rates was, or would soon be warranted with a couple of them advocating an increase at the july meeting. Now, of course, the july jobs report came out after that. It was much stronger than expected. Brexit is mentioned several times in the minutes as well but that was in june. They seem relieved that the markets came back after the brexit vote in june. Trish . Trish thanks so much, peter barnes. Lets ge...