TITLE

TBMA: 3.5% Funds Rate Seen by End of '05

AUTHOR(S)
Newman, Emily
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/14/2004, Vol. 350 Issue 32029, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the increase in economic growth by The Bond Market Association (TBMA). Economic growth will continue into the New Year, although the dollar will weaken slightly against the Euro and Asian currency, according to the median forecasts of TBMA's year- end survey of chief economists at its member firms. TBMA also predicted the Federal Reserve Board will continue to bump interest rates up slightly in 2005, ending with the rates at 3.50% next year. Survey respondents also forecast real GDP would inch up to 3.8%: by the end of 2005.
ACCESSION #
15375300

 

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