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.