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Citi Economic Surprise Index Fell Since December Rate Hike (Fed Holds Target Rate The Same) – Confounded Interest ...
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[1] confoundedinterest17
[2] Banking
[3], Bernanke
[4], ECB
[5], Economy
[6], Fed
[7], Housing
[8], Powell
[9], Treasury
[10], Uncategorized
[11], Volatility
[12], Yelllen
[13] May 2, 2018 0 Minutes Well, The Fed gave their expected news: no rate hike at the May 2nd meeting and they proclaimed that inflation is just around the corner.
[14]
Bloomberg: The FOMC’s two-day meeting followed the release of data Monday that showed inflation measured by the central bank’s preferred gauge had hit its 2 percent target after being below that goal for almost every month since April 2012. You mean that the core PCE deflator YoY wasn’t 2% in January through March 2017??
The Federal Reserve is like the gremlin from the Bugs Bunny video.
[15]
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