Summary:
Another setback for economic forecasters as this index falls below 50, indicating contraction:Seems to me the Fed has gotten lost in its own confused rhetoric, but that’s another story. Point here is fed funds are a quarter point higher which will will make no discernible difference to macroeconomic outcomes, including the Fed’s employment and inflation mandates. FED RAISES RATES BY 25 BASIS POINTS, FIRST SINCE 2006
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Another setback for economic forecasters as this index falls below 50, indicating contraction:Seems to me the Fed has gotten lost in its own confused rhetoric, but that’s another story. Point here is fed funds are a quarter point higher which will will make no discernible difference to macroeconomic outcomes, including the Fed’s employment and inflation mandates. FED RAISES RATES BY 25 BASIS POINTS, FIRST SINCE 2006
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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Another setback for economic forecasters as this index falls below 50, indicating contraction:
Seems to me the Fed has gotten lost in its own confused rhetoric, but that’s another story.
Point here is fed funds are a quarter point higher which will will make no discernible difference to macroeconomic outcomes, including the Fed’s employment and inflation mandates.
FED RAISES RATES BY 25 BASIS POINTS, FIRST SINCE 2006