Welcome to Medary.com Monday, June 24 2024 @ 07:37 PM CST

Good economy evidence: Fed raising rates

  • Contributed by:
  • Views: 1,446
Federal Reserve Board set to raise interest rates again in response to the growing economy.
"The economy remains very solid and it appears likely to expand at a pace of 4-1/2 percent to 5 percent in the second half of the year," said Lynn Reaser, chief economist at Banc of America Capital Management in Boston.