1. Growth Hiccups Vex Fed Yet Again.
- Author
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HILSENRATH, JON
- Subjects
- *
ECONOMIC development , *INTEREST rates , *INDUSTRIAL productivity , *CONSUMERS , *GOVERNMENT policy , *CONSUMER attitudes ,UNITED States economy, 2009-2017 - Abstract
The article discusses slowed economic growth in the U.S. as of mid-May 2015 and whether the U.S. central bank the Federal Reserve, also called The Fed, would raise short-term interest rates. According to the article, The Fed reported that U.S. industrial production contracted in April 2015, and a consumer sentiment index taken by the University of Michigan indicated that consumer confidence had dropped.
- Published
- 2015