Business

AP survey: Fed’s outlook correct but not solution

By Christopher Rugaber
Published August 26, 2014 6:00pm ET
Add Washington Examiner on Google
AP survey: Fed’s outlook correct but not solution
FILE - In this June 18, 2014, file photo, Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington. Economists agree with Yellen that the economy and job market still need ultra-low interest rates to support growth. Yet the latest Associated Press survey of economists shows that most also fear that the Fed will wait too long before raising rates, perhaps triggering high inflation or financial asset bubbles. (AP Photo/Susan Walsh, File) | Susan Walsh

WASHINGTON (AP) — Economists appear to be of two minds about the Federal Reserve.

They agree with the Fed that the job market still isn’t healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Federal Reserve Janet Yellen