FBC MONEY With Melissa Francis August 20, 2014
Rates sooner, but the minutes say, most participants, and this is important, indicated that raising rates would depend on further information on the economy. So, once again, show me the data for most fed members. The expectation is the fed will start to raise shortterm Interest Rates sometime the middle of next year. Finally the minutes said, that the fed expects continued, a continued moderate economic expansion with stronger growth in the second half, but theyre watching some things out there. Quote, some pointed to possible sources of Downside Risk including persistent weakness in the housi...