Faculty News
Professor Lawrence White shares his analysis of the Federal Reserve's interest rate increase and the economy's strength
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Excerpt from Bloomberg -- "...We have a strong economy but it doesn't seem to be exploding. You never know, Middle East tensions, the Middle East going up in flames, something like that could cause an explosion but absent that it is pretty much steady as she goes. The interest rate increase announced today, not unexpected, and the fact that we are going to have a few more later this year, again, not a big surprise."
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