Congressional Budget Wonks to Fed: You Probably Aren't Going to Raise Rates as Fast as You Say

CBO doesn't see Fed rate increase next month, projects slower pace thereafter

Not even the U.S. Congressional Budget Office is buying the Federal Reserve's projected path for interest rates in coming years, starting with some central bankers' insistence that a hike next month is possible.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.