NEW YORK – Economists are satisfied with the Federal Reserve's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds.
The latest semiannual survey by the National Association for Business Economics, set to be released Monday, also showed that economists are divided over how the government should stimulate the economy. Most oppose another stimulus package but rank economic growth as a higher priority than deficit reduction.
"The survey shows the uncertainty about the current state of the economy and how weak it truly is," said Lynn Reaser, NABE's president and the chief economist for Point Loma Nazarene University, in an interview with The Associated Press. "No one knows where the economy is truly heading."
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