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Post# of 648882
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sludgehound

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sludgehound

Re: None

Monday, 06/16/2014 9:55:01 AM

Monday, June 16, 2014 9:55:01 AM

Post# of 648882
IMF cuts US growth forecast to 2% 2014

09:51 News Bot: IMF cuts their US growth forecast to 2% for 2014 (Prev. 2.8%) due to weak Q1
Says:
- Keeps 2015 growth forecast at 3.0%. 
- Fed may have the scope to keep rates at 0% past the mid-point of 2015. 
- Fed may need to lift inflation rise above goal temporarily. 
(RTRS)

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell

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