While Peter Hooper feels the politics in Washington do not look very good, Seth Freeman says he would be surprised if there are significant gains from here.
The payroll employment number were certainly disappointing but that will not stop Federal Reserve to cut back the stimulus though it may be a bit late, says Peter Hooper.
Peter Hooper believes that if the fiscal drag begins to diminish that will pick up growth further in the second half of the year.
In an interview to CNBC-TV18, Peter Hooper, chief economist, Deutsche Bank says, the Fed‘s decision was pretty much in line with expectations.