# Professor Nicholas Economides explains why he believes the Federal Reserve is taking a "wait and see" approach to interest rates

1 Faculty News February 20, 2019 ![Yahoo Finance logo](/sites/default/files/styles/246w/public/assets/images/yahoofinance.jpg?itok=iQnyXkp_)>

Excerpt from [Yahoo Finance](https://finance.yahoo.com/video/federal-officials-signal-pause-interest-214138345.html) --"I think that the general expectation is that GDP growth is going to slow down, but I don't think we are going to have a recession. So, again, the language that I hear says that the Fed is going to be cautious and patient."

[Watch the video](https://finance.yahoo.com/video/federal-officials-signal-pause-interest-214138345.html)