Expect the talk at this year's gathering of financial luminaries in Jackson Hole, WY to be all about interest rates and not just because its theme for 2014 is "Re-evaluating Labor Market Dynamics."
Simply put, the direction of interest rates—and when will they finally start to rise—is among the most important economic issues for the year. Interest rates, of course, could be called a perennial issue of importance, but 2014 is a shade difference as a contingent of economists, businesspeople and policymakers become more worried that the Federal Reserve Bank is waiting too long to pull the trigger.
Read more...Rising Construction Costs Vs Interest Rates. Which is Worse? - Daily News Article - GlobeSt.com
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