GDP growth was not fabulously good and not fabulously bad. It builds a case for the Fed to cut rates by 25 basis points and then sit on the sidelines for the remainder of this year. Paul Nolte More Quotes by Paul Nolte More Quotes From Paul Nolte The upside to seeing less international growth is that it is now very unlikely the Federal Reserve will raise interest rates mid-year. Paul Nolte company-news This absolutely raises the odds that we'll see more central bank action. The upside to seeing less international growth is that it is now very unlikely the Federal Reserve will raise interest rates mid-year. Paul Nolte company-news If we don't see something out of the ECB, that will really increase volatility. Paul Nolte company-news What you've done is thrown that entire area up for grabs, it will be very hard to see much in the way of economic growth if Greece has to go back to their currency, it would create a lot more chaos and take everybody's focus away from economic growth. Paul Nolte company-news
