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."
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.
China became between 1949 and 1976 an experiment in total control unlike anything else in history.