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Momentum in Wrong Direction for June Rate Hike, Georgia State University Economist Says

ATLANTA—Despite last week’s media reports hinting at a June rate hike after the Federal Reserve’s May meeting, expect Janet Yellen and company to wait until March 2017 for an interest rate increase, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business.

Corporate Hiring Through Jittery Stock Market Key to 2016 Forecast, Georgia State Economist Says

ATLANTA—Despite a massive correction in much of the globe’s stock exchanges, U.S. gross domestic product (GDP) could continue to grow at a reasonable 2 percent, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business.