And finally, consider that 300 Ivy League PhD economists in the Eccles Building, employed by the Fed, can’t figure out whether to raise the Fed Funds rate a scant quarter point — as though the fate of the world hangs in the balance.
And finally, consider that 300 Ivy League PhD economists in the Eccles Building, employed by the Fed, can’t figure out whether to raise the Fed Funds rate a scant quarter point — as though the fate of the world hangs in the balance.