Economy

Demeter

(85,373 posts)

17. Strong dollar holding back US growth says Fed report

Thu Oct 15, 2015, 08:09 AM

Oct 2015

NOW, IMAGINE WHAT A WEAK DOLLAR WOULD DO TO THIS PLACE....

http://www.bbc.com/news/business-34533895

The Beige Book - a review of economic activity from the Federal Reserve - showed modest growth in the economy between mid-August and October.

It also noted that wage growth across the country was "subdued".

The report will contribute to the Federal Reserve's decision on whether to raise rates in October.

The central bank is widely expected to raise rates for the first time since the financial crisis before the end of the year - but most economists predict the move will come in December.

"Producers continued to cite weak oil and gas activity along with a strong dollar as key reasons for the sluggish activity," the report said....

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

26 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Thursday, 15 October 2015 [View all] Tansy_Gold Oct 2015 OP

I am not. Fuddnik Oct 2015 #1

None of us are. Demeter Oct 2015 #2

�! Ghost Dog Oct 2015 #5

I'm shocked! Just shocked I tell you....... Hotler Oct 2015 #3

The problem of abuse is the greatest challenge the web faces today. MattSh Oct 2015 #4

Yes. Being cheated yields a frustrating stagnation Ghost Dog Oct 2015 #7

Exactly what I meant, above! Demeter Oct 2015 #8

+1000 nt antigop Oct 2015 #24

Xi�s UK trip to start �golden era� Ghost Dog Oct 2015 #6

It's a cold, clear morning Demeter Oct 2015 #9

Frost! DemReadingDU Oct 2015 #11

Then I'm bringing the pots in tonight Demeter Oct 2015 #14

My mom would over-winter geraniums DemReadingDU Oct 2015 #16

I just keep watering them Demeter Oct 2015 #20

Insurance Dropouts Present a Challenge for Health Law Demeter Oct 2015 #10

People are back to where they were - NO Insurance! DemReadingDU Oct 2015 #15

Pension checks to be cut in half for Teamsters retirees DemReadingDU Oct 2015 #12

VISUALIZE YOUR CONTRIBUTION TO SOCIETY Demeter Oct 2015 #13

no objections from me! nt antigop Oct 2015 #25

Strong dollar holding back US growth says Fed report Demeter Oct 2015 #17

With deadline approaching, Boehner hasn�t ruled out debt ceiling increase Demeter Oct 2015 #18

Brazil Supreme Court Freezes Impeachment Efforts Against Dilma Rousseff Demeter Oct 2015 #19

Illinois gives lottery winners IOUs DemReadingDU Oct 2015 #21

Unemployment Insurance Weekly Claims Report {10-15-2015} mahatmakanejeeves Oct 2015 #22

Illinois Will Delay Pension Payments Because of Cash Shortage DemReadingDU Oct 2015 #22

well, I guess that settles it. Karl Rove says Hillary won the debate. antigop Oct 2015 #26