The Traderszone Network

Published in TZ Latest News 18 May, 2015 by The TZ Newswire Staff

U.S. economy isn’t as weak as estimates suggest, Fed paper says

The U.S. economy is probably not as weak as current estimates suggest, a paper published Monday by the Federal Reserve Bank of San Francisco said, potentially adding to arguments for raising interest rates sooner rather than later. The paper’s conclusions are at odds with the findings published last week by economists at the Washington-based Federal Reserve Board.