S4 E3: FOMC - Master Magicians of Misdirection or Monetary Con Artists?
About this episode
The episode discusses the US FOMC's recent monetary policy decisions and their implications for inflation, GDP growth, and unemployment rates.
Send us Fan Mail The US FOMC is playing the ole Shell Game with this past week's "SEP"! Where is the Pea? (AKA US Consumer Final Demand Growth) Shell One: Inflation NO HIGHER than 3% this year, 2.5% in 2027, and 2.2% in 2028. Shell Two: Nominal GDP Growth of +5.2% in 2027. Shell Three: NO Change in Unemployment Rate 4.4%, same in 2027 and 2028 (but maybe on tick higher to 4.5%), either way reflects virtually NO impact from AI. Wild Card: Fed envisions a top-end Fed Fun...
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- S3 E12: To Eggheads and Monetary Purists, NOTHING ELSE MATTERS!
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