Prior to the FOMC raising the Federal Funds Rate this week, the Atlanta Fed revised its estimate of Q1 GDP from 3.4% to 0.9%, an enormous downward revision that suggests Chairwoman Janet Yellen and FOMC authorities aren’t as data dependent as they claim. The serious lack of economic growth indicated by the downward revision should […]
Fed Rate Increase Flimsy Way to Build Consumer Confidence
from SchiffGold.com http://ift.tt/2mPe54j
