US: Q4 growth should worry the Fed - FXStreet

According to Joseph Trevisani, a senior market analyst at FXStreet, the Q3 US economic growth of 3.5% was never the problem, but the slope down to 2.5% in the fourth quarter and beyond that should worry the Fed.

Key Quotes

“Whether rate increases are the cause is debatable but the governors do not want to be blamed for a return to the post-recession doldrums.”