Subject: Federal Reserve in Flux by David Hale
From: "David Hale" <[email-masked]>
To: "R. Hunter Biden" <[email-masked]>
Date: Fri, 5 Jun 2015 14:49:54 -0700 (PDT)

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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.

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