Juicy Fed DD, Fed’s Famous Last Words
by ComicalEconomical At the onset of 2008, Ben Bernanke said the Fed was not looking for a recession. Later that year, Q4’08 GDP delivered a -2.8% print. Just last Friday, Jerome Powell said the Fed is not forecasting a recession. Obviously the Fed never forecasts a recession. But them saying they don’t expect a recession to happen … Read more