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SUBJECT:
Federal Reserve in Flux by David Hale
PRI: NORMAL
FROM:
D
davidhale@davidhaleweb.com
DATE:
2015-06-05 21:49:54
MSG_ID:
<VUUVBCUWWB$UXWWYXTCCXYZC@10.10.40.64>
RECIPIENTS:
TO:
H
R. Hunter Biden
<hbiden@rosemontseneca.com>
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To view this message in a browser: http://content.davidhaleweb.com/acton/ct/3037/s-0193-1506/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct0_1/1?sid=h3R28y5VC To download [Federal Reserve Policy in Flux June 2015.pdf], click on the following link: http://content.davidhaleweb.com/acton/ct/3037/s-0193-1506/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct1_1/1?sid=h3R28y5VC Dear R. Hunter, After nearly a decade without interest rate changes, life is suddenly getting interesting for US economists, as the discussion has turned from not if, but when the Federal Reserve will raise interest rates. Not everyone agrees that the US economy will be strong enough for this to occur in 2015. In its June report on the US economy, the IMF lowered its 2015 forecast for real GDP growth to 2.5% from 3.1% in April. It called on the Fed to delay any interest rate hikes until 2016. My latest bulletin is attached. You can also access this report and all of my research at davidhaleweb.com https://www.davidhaleweb.com/bulletins/federal-reserve-policy-in-flux?open=media . With all best wishes, David Hale Chairman David Hale Global Economics, Inc. 546 Lincoln Avenue, 2 nd Floor Winnetka, Illinois 60093 USA 847-386-6009 (tel) 847-386-6011 (fax) davidhale@davidhaleweb.com LinkedIn Profile http://www.linkedin.com/pub/david-hale/18/ba8/595 http://davidhaleweb.com https://www.davidhaleweb.com/ http://whatsnextbook.com http://whatsnextbook.com/ Copyright 2014, David Hale Global Economics Inc. All rights reserved. This document is not for attribution in any publication, and you should not disseminate, distribute or copy this e-mail without the explicit written consent of David Hale Global Economics, Inc. Please contact the sender if you believe you have received this email in error. Any views or opinions expressed are solely those of the author and do not necessarily represent those of David Hale Global Economics, Inc. -------------------------------------------------------------------------------- Copyright (c) 2015 David Hale Global Economics Our address is 546 Lincoln Avenue, 2nd Floor, Winnetka, IL 60093, USA If you do not wish to receive future email, click here: http://content.davidhaleweb.com/acton/rif/3037/s-0193-1506/-/l-sf-cl-701C0000000UEmJIAW-0024:15c/l-sf-cl-701C0000000UEmJIAW-0024/zout?sid=h3R28y5VC (You can also send your request to Customer Care at the street address above.
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