http://www.bloomberg.com/graphics/2015-yellens-labor-market-dashboard/ These indicators suggest the economic recovery is more than a bit sluggish. If these numbers factor into a decision to raise the Fed rate, I wouldn't be surprised if the hike wouldn't be until early 2016 and maybe not even then. I'm just thinking the Dems wouldn't want to tank their election to the WH and Congress between the convention and vote. We shall see.
Yes, I have heard plenty of the economic pundits say we are headed for a recession. I think that the a large part of the Iranian deal was the fact that we would get reduced prices on oil thus making gas lower to help pend off a recession. Yes, I think it is likely interest rates are not going to be raised for some time to come. It is the way to keep the economy on it's current track which is insipid at best.
