The Fed is Focusing on ‘flawed’ Data and Keeping Rates High Will Result in a Big Policy Mistake, Economist Says

The Federal Reserve's fixation on a streak of "flawed" data to justify keeping interest rates higher for longer is bound to spark a policy mistake, according to top economist David Rosenberg. "The Fed seems to be focusing not just on flawed data, but on headlines only. I don't sense any analysis of ...

This post was originally published on this site