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The economy in retrospect: Surprises in 2016? – The San Diego Union


Thursday, December 24, 2015

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Kelly Cunningham, National University System
Answer: Interest rate travel

Instead of when a economy is strengthening, a initial rate travel in scarcely a decade comes during a finish of a temperate recovery. The Fed embellished themselves into a dilemma proclaiming they would lift rates when a economy was amply strong. But a liberation is in fact weakening. Not lifting a rate acknowledges a economy is not clever adequate to withstand any increase. So they attempted to lessen it by a one-and-done miniscule 0.25 percent.