Indecisive Interest

Real Estate

Indecisive Interest  

Yesterday's Fed statement suggesting that "near-term risks to the economic outlook have diminished" that "job gains were strong" and "household spending has been growing strongly" indicates a Fed that's again taking steps to prepare the market for a rate rise, probably in December. But, if July and August employment and inflation numbers are strong, a September rate rise is certainly possible. Listen for more clues during Yellen's talk on 8/26/16.  

Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
www.econ70.com