You Can’t Make This Up, But You Can Apparently Just Make Up the Data

By |2017-09-22T17:33:57-04:00September 22nd, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Back in 2014, the Federal Reserve was convinced that the labor market was better than it appeared to be in various data accounts. Though it was called the “best jobs market in decades”, researchers at the central bank were keen on showing it. Primarily lacking in wages and incomes, the labor segment was suspected of missing the very elements of [...]