Wall Street Journal (10/12/14) Ian Talley; Brian Blackstone; Raymond Zhong
The U.S. economy—especially the labor market—is performing relatively well as economies around the world slow. The U.S. labor market is building momentum after years of fitful growth. However, the struggles of some of the largest U.S. trading partners are leading to concerns about the U.S. economy’s ability to grow further. If U.S. growth is restrained, the U.S. Federal Reserve may wait longer than previously anticipated to raise interest rates.