As it plots future interest rate moves, the Fed is confronting what Scott Anderson of BMO Economics calls a “Goldilocks on steroids” economy. He looks beyond GDP to growth in exports at 6.3% and business investment at 1.9% as well as government at 3.3%. Carried out to two digits, the “core PCE deflator increased only 0.17% in…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
