FOMC Keeps Rates Steady
Today's FOMC meeting announcement has the Fed keeping rates unchanged and dismissing a weak Q1 GDP number as merely "transitory."
Today's FOMC meeting announcement has the Fed keeping rates unchanged and dismissing a weak Q1 GDP number as merely "transitory."
China became between 1949 and 1976 an experiment in total control unlike anything else in history.
The Atlanta Fed's GDP growth forecast has jumped 22X since last week, as they anticipate a booming economy in Q2 that clearly did not materialize in Q1.