BEA Rocks The Fed’s GDP Scapegoating

By |2015-05-22T15:47:10-04:00May 22nd, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

The FOMC statement this week made a great deal about what amounts to charges of statistical impropriety toward the BEA’s GDP figures. The first quarter always seems to amount to a slow part of the season, which it really is because there is the massive Christmas buildup. It is clear that the Federal Reserve, referring to this not just in [...]