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Fed: U S Economy Is Strong But Inflation Is A Problem

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NEW YORK (Reuters) - Strong business investment suggests the U.S. economy is far from fragile despite a slowing housing sector, St. Louis Federal Reserve President William Poole said on Monday.
He warned, however, that inflation was running above the range he is comfortable with, and said if it did not ease off over the medium-term he would rather "act earlier rather than later."
"The economy is not fragile -- it is robust," said Poole. But he noted, "that's not to say we couldn't have a weak quarter or two."

More hikes coming it seems.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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