Start with: Fed’s Bullard still favors 4 rate hikes in 2016 even with receding inflation goal Bullard Sees Case for April Hike as Inflation Set to Pick Up And there are probably more articles but you get the idea. Now, today: Over the next 2.5 years, his St Louis Fed forecasts for real output growth of 2 percent, an unemployment rate of 4.7 percent, and trimmed-mean PCE inflation of 2 percent. Also the Fed Funds rate should be 0.63% through the end of 2018. Which prompted : It's time for the Federal Reserve to fire James Bullard
It goes to this fed member: While visiting Australia, Cleveland Fed President Loretta Mester said that helicopter money” could be considered to stimulate America’s economy if conventional monetary policy fails. Monetizing debt, one of the most destructive economic forces in history, will be considered by this jackass. Does anyone doubt that we're going to end up with it?
Fed Officials Gain Confidence They Can Raise Rates This Year I thought I read somewhere if you take out healthcare, core CPI was 1.4%. It appears the Fed is following the stock market. These people have to go.
Rent not healthcare. Building more housing should alleviate the continual rise in rents. Rate hikes would slow the housing build. Notice when real GDP swan dives below 2.5% in the past it marked a weak economy heading into a recession. Since the Great Recession, this economy has trouble staying above that mark yet the Fed wants to raise rates.
Opinion: The Fed has no idea how to forecast the economy http://www.marketwatch.com/story/the-fed-has-no-idea-how-to-forecast-the-economy-2016-07-19 Published: July 19, 2016 10:02 a.m. ET
Most other recoveries were in the +5% range. We can't even break 3% after one of the steepest declines since WWII.
Q2 GDP 1.2% vs expectations of 2.6% Q1 GDP revised downard to 0.8% vs 1.1% Wednesday's Fed Statement: "Near-term risks to the economic outlook have diminished." Today: "Aww shit."