The FOMC Thinks The Good Old Days Aren't Coming Back |
December 23, 2016 | December 2016 Bond Updates |
The dots that the FOMC members contribute to the plot indicate their expectations for the federal funds rate. Technically, it’s what they think rates should be, not a prediction of what rates will be on those dates. Is that a forecast? You can call it whatever you like. I think “forecast” [...] |
View more at: http://www.forbes.com/sites/johnmauldin/2016/12/22/the-fomc-thinks-the-good-old-days-arent-coming-back/ |
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