Has the Fed really changed its outlook? Payden & Rygel

January 10, 2017

“I don’t see a recession anytime soon…that’s a story we can put off for a while.”

Jeffrey Cleveland, Payden’s Principal and Chief Economist speaks on Bloomberg Radio. He talks about the most recent FOMC minutes and outlines his reasons to be positive about the US economy.

In fact, he draws on Australia’s multi-decade economic expansion to illustrate his point that ongoing expansion does not necessarily have to come to an end.

 

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