The Fed's Projections Don't Add Up |
| March 22, 2018 | March 2018 Bond Updates |
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The Federal Reserve has long been too pessimistic about the unemployment rate, but there's a particularly striking dissonance between the forecasts for employment and inflation released today in tandem with the announcement that the central bank is raising interest rates by a quarter of a point. |
| View more at: https://www.forbes.com/sites/modeledbehavior/2018/03/21/the-feds-projections-dont-add-up/ |
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