Economists See Rate Increases Near Elections

Thursday November 12, 2009 02:08 PM

Despite the challenges, confidence is running high in the Fed to manage the economy. Thirty of 50 economists who answered the question said that the central bank will raise interest rates at the right time, while 18 said the Fed will be too slow. That contrasts with widespread criticism of the Fed’s timing in the past. In the March 2008 survey, 80% of respondents said the central bank was too …

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