How Does the Economy Look Now Compared to When the Fed Hiked Rates in the Past?

This isn't Greenspan's economy and the Fed is in uncharted territory
Updated on

How Divided Is the Fed Over a Rate Hike?

If the Federal Reserve raises interest rates on Thursday, it will be doing so in an economy that is radically different from the past. The lack of comparable economic terrain is one of the complications that Chair Janet Yellen faces as her committee contemplates an exit from almost seven years of near-zero interest rates. 

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