The Traderszone Network

Published in TZ Latest News 9 October, 2015 by The TZ Newswire Staff

Stiglitz: Fed Should Wait As Bond Yield Calls Are Cut

Joseph Stiglitz, the Nobel-prize-winning economist, said the Federal Reserve should hold interest rates unchanged through 2015 to support the U.S. economy. A slower pace of rate increases seems to be a view shared by analysts, who are cutting their forecasts for Treasury yields. “America’s recovery is anemic,” Stiglitz said in a Bloomberg interview Thursday at the World Bank and International Monetary Fund meeting in Lima.

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