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Many feel that raising rates too soon could jeopardise the US recovery, especially if a slowdown overseas sees the dollar strengthen, hitting US exporters.
The US recovery is meagre.
The economy will piggy-back on the US recovery.
First, they worry that the US recovery is not secure.
A sluggish US recovery from the Great Recession also contributed.
Yet the US recovery also looks extremely fragile.
The third ingredient is concern that the US recovery is already past its peak.
But recent economic news has suggested a slowdown in the US recovery.
The story in America is exactly the same despite the US recovery being longer and stronger.
Speaking at the New York Economic Club, Bernanke called the US recovery "disappointingly slow".
But otherwise, the Fed believes that recent economic data shows that the US recovery remains robust.
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CEO of Professional Science Editing for Scientists @ prosciediting.com