June 24, 2012

The Federal Reserve’s Projections

The Federal Reserve’s Projections:
Click to enlarge:



Source: Bianco Research

Interesting data looking at the Fed’s range of projections of key economic components of GDP, Unemployment and Inflation.





The Economist – The Fed acts, just

Final thought: by extending the expiration date of the programme to December 31st, the Fed accentuates the stimulus withdrawal syndrome scheduled to begin on that date. The Bush tax cuts and payroll-tax cut expire then, and the sequester of automatic spending cuts takes effect on January 2nd. Should we add a monetary off-ramp to the fiscal cliff?

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