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Fed Rate Forecast: Cloudy With a Chance of Slower Growth

Financial markets applauded a Federal Reserve this week when it straddled a blockade on rate hikes, though a bigger summary was a hillside in a expansion foresee to 2.5% in 2015. That means another year stranded in a diseased “new normal” that began in 2009.

Yes, a batch marketplace has reached record highs. But genuine median domicile income has fallen. It was some-more than $56,000 in 2007 though slumped to next $52,000 in 2011-13.

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