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Measure of business inventory could dictate future of interest rates

By   /  Friday, October 9th, 2015  /  Latest news  /  Comments Off on Measure of business inventory could dictate future of interest rates

NEW YORK —  An often-overlooked measure of business inventories may hold a powerful clue to the future direction of interest rates, an influential Federal Reserve official said Oct. 9. Dennis Lockhard, president of the Federal Reserve Bank of Atlanta, told a group of business journalists that his staff’s analysis of third quarter GDP has reported Read More →