Sunday, October 16, 2016

The Federal Reserve Is Doing Everything Wrong
Peter Boockvar on the Federal Reserve: "The Fed has a problem .. The unemployment rate is at 5% and inflation is now rising, so based on that, they should be raising interest rates .. Economic growth is falling to 1.5%. The Atlanta Fed, two months ago, was predicting 3.8% growth. Now, they're predicting 2.1% growth .. Under those scenarios, the Fed should actually be cutting interest rates. They're really stuck here."
LINK HERE to the article

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