mishtalk.com / Mike “Mish” Shedlock / October 14, 2016 7:44:36
Golden Opportunity to Hike in 2014
The Fed had a golden opportunity to hike in 2014.
2nd quarter GDP rose at 4.0% annualized, 3rd quarter rose at 5.0% annualized, and 4th quarter rose at 2.3% annualized.
Instead the Fed was worried about growth, when growth was fine. Where the heck were the dissents for hikes in 2014?
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