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Thursday, 03/16/2017 10:13:12 AM

Thursday, March 16, 2017 10:13:12 AM

Post# of 19232
This article sums up the Fed meeting yesterday with the one reporter asking Yellen why the Fed is raising rates now when the data says otherwise. This was the only reporter that asked a hard question and Yellen clearly was flustered by it, IMO because the reporter was right! Watch the video.


http://www.zerohedge.com/news/2017-03-15/startled-reporter-asks-why-yellen-hiked-gdp-and-real-wages-sliding-here-response


P.S.: Notice Yellen said they thought GDP was growing around 2% now?

What's she been smoking? GDP growth in 2016 was far below 2% and Q1 growth will be below 1% They just make it up as they go along. The data doesn't confirm what she's claiming.