Z1 Update to Money, Credit, and Thus Economy

By |2017-09-22T13:18:43-04:00September 22nd, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The Federal Reserve updated the Financial Accounts of the United States (Z1) yesterday, meaning there is quite a lot of new data for the second quarter of 2017. It also means more than just that update, as each quarterly addition is often accompanied by revisions to past estimates. There were some substantial downward revisions to things like Corporate Net Worth, [...]