Federal Reserve officials predicted their target interest rate will be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. Read more>
Read MoreStronger U.S. Growth Seen in 2015; Fed to Hike Rates in June-Reuters Poll
WASHINGTON — The U.S. economy is set to record its best performance in a decade this year as a rapidly strengthening labor market buoys domestic demand, giving the Federal Reserve the confidence to start tightening monetary policy, a Reuters poll showed. Read more >
Read MoreFed might not raise rates in 2015: Gross
The Federal Reserve could find itself challenged to raise U.S. interest rates this year as global growth remains sluggish and inflation subdued, closely watched bond investor Bill Gross said on Monday. “With the dollar strengthening and oil prices declining, it is hard to see even the Fed raising short rates ...
Read MoreKiplinger’s Economic Outlooks 2015
After slowing in the fourth quarter of this year, economic growth will pick back up again in 2015. The fourth-quarter pause — with growth slipping to only about a 2% annualized pace, after averaging nearly twice that rate in the second and third quarters — is no cause for concern. ...
Read MoreCincinnati economy to keep growing faster than U.S.
Greater Cincinnati’s economy will grow at a 2.4 percent clip this year, Heath said at the event at the Kingsgate Marriott Conference Center at the University of Cincinnati. That would barely pass her expectation of 2.3 percent growth for the U.S. economy. A few sectors have fueled that strength. Manufacturing ...
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