DID YOU KNOW? The Federal Reserve yesterday sharply ramped up its expectations for US economic growth but indicated that there are no interest rate hikes likely through 2023 despite an improving outlook and a turn this year to higher inflation. While many lament the inflation fuel of $1.9 trillion in additional stimulus, this money will be injected into the economy over many months, well into 2022, thereby slowing the impact somewhat. (CNBC)
This blog provides information about Redwood Shores, California. Posting updates include community and housing information.
Thursday, March 18, 2021
Did You Know? 3-18-2021
DID YOU KNOW? The Federal Reserve yesterday sharply ramped up its expectations for US economic growth but indicated that there are no interest rate hikes likely through 2023 despite an improving outlook and a turn this year to higher inflation. While many lament the inflation fuel of $1.9 trillion in additional stimulus, this money will be injected into the economy over many months, well into 2022, thereby slowing the impact somewhat. (CNBC)
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