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Is 2% the 'modest/moderate' line?

Discussion in 'Market News' started by ForexLive, Jan 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Shift in Beige Book suggests slowdown Back in September, six of the 12 Fed districts reported 'moderate' growth. Now that number is down to three. If the Fed wasn't droning on about inflation and rate hikes, there would be no hawkish talk. There is nothing in the data that suggests an accelerating economy or inflation. Commodities remain in crash-mode with Brent just falling below $30 for the first time in almost 12 years.

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