Money Supply Growth Moderated in December
Money-supply growth hit a 46-year high in October, but had moderated significantly by December, according to the most recent money-supply data.
Money-supply growth hit a 46-year high in October, but had moderated significantly by December, according to the most recent money-supply data.
The Fed insists the economy is gaining steam. Last week's GDP numbers, and the Fed's inaction on interest rates suggest otherwise.
At February's meeting, the Fed elected to keep kicking the can down the road.