Washington, D.C. —(ENEWSPF)–September 17, 2015. Michael Madowitz, Economist at the Center for American Progress, released the following statement today after the Federal Reserve announced its intent to hold off on raising interest rates. The announcement arrives after the Federal Open Market Committee, or FOMC, met yesterday and today in Washington.
The financial markets and U.S. economic data have both amply demonstrated that it would be premature for the Fed to raise rates and slow the…
