Last month, the Federal Reserve raised short-term interest rates for the first time in nearly a decade as the unemployment rate continues to decline. While the move demonstrated a vote of confidence in the U.S. economy, Americans are still feeling the effects of the Great Recession, says Politico Magazine. With global economic risks ranging from China’s slowing growth to terrorism threats in the Middle East and beyond, some of the country’s leading economic thinkers share their predictions as to whether the economy could tank in 2016. One of the greatest challenges facing the U.S. is a lower trend economic growth rate, one expert says. To find out what else to expect in the U.S. and global markets this year, click here.
