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Monday, May 24, 2010 - 1:28 PM
Economists See Solid U.S. Growth, Low Inflation and Low Interest Rates
From the Wall Street Journal
The U.S. economy should expand at a solid pace this year and next as consumers increase spending, confident the recession is behind them, a panel of economists said in a survey released Monday.The panel is also predicting inflation to remain low which will allow the Fed to delay rate hikes. They're predicting the Fed to raise the Fed funds rate to 0.50% by the end of this year.
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