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Economists: Rising interest rates are the biggest threat to recovery
Posted to: Around The Web
Monday, March 24, 2014 5:42 AM

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A survey released Monday morning by the National Association of Business Economists pointed to rising interest rates as the biggest potential threat to the nation's long-simmering economic recovery. NABE represents economists working in industries ranging from manufacturing to business development. In its regular quarterly survey covering 48 economic forecasts, more than a quarter of respondents cited the prospect of higher interest rates as the most significant risk to more rapid growth. A substantial number -- about one-third of respondents -- expect the Federal Reserve will raise its target for short-term interest rates this year, despite recent statements by top officials that an increase is not expected until 2015. About half of the NABE panelists believed that timeline. Read full


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Mortgage Rates:
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Recent Housing Data:
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