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The Federal Reserve’s Projections

Posted By James Bianco On June 24, 2012 @ 1:00 pm In Economy,Federal Reserve | Comments Disabled

Click to enlarge:
[1]
Source: Bianco Research [2]

 

Interesting data looking at the Fed’s range of projections of key economic components of GDP, Unemployment and Inflation.

 

 

 

[3]

The Economist – The Fed acts, just [4]
Final thought: by extending the expiration date of the programme to December 31st, the Fed accentuates the stimulus withdrawal syndrome scheduled to begin on that date. The Bush tax cuts and payroll-tax cut expire then, and the sequester of automatic spending cuts takes effect on January 2nd. Should we add a monetary off-ramp to the fiscal cliff?


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URL to article: http://www.ritholtz.com/blog/2012/06/the-federal-reserves-projections/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2012/06/FOMCeconomicprojection062012.png

[2] Bianco Research: http://www.arborresearch.com/bianco/?p=64692

[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2012/06/FOMCrateprojection062012.png

[4] The Fed acts, just: http://www.economist.com/blogs/freeexchange/2012/06/operation-twist

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