Tuesday, November 4, 2014

We are near the Fed's monetary policy bulls-eye



Nice single chart on what is happening between the trade-off of inflation and unemployment. The answer is not much from the folks at economonitor. There has been no trade-off. In fact, you could say that we are near the bulls-eye of the dual policy goals of the Fed, yet there is little talk of success. How close to do we have to be to get the Fed to raise rates? It is not clear and that is the problem.

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