2015-11-01 US: Fed admission of the Greater Depression?
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Fed Admits "Something's Going On Here That We Maybe Don't Understand"
Submitted by Tyler Durden on 10/31/2015 - 21:35
In a somewhat shocking admission of its own un-omnipotence, or perhaps more of a C.Y.A. moment for the inevitable mean-reversion to reality, Reuters reports that San Francisco Fed President John Williams said Friday that low neutral interest rates are a warning sign of possible changes i...
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Fed Admits "Something's Going On Here That We Maybe Don't Understand"
Submitted by Tyler Durden on 10/31/2015 - 21:35
In a somewhat shocking admission of its own un-omnipotence, or perhaps more of a C.Y.A. moment for the inevitable mean-reversion to reality, Reuters reports that San Francisco Fed President John Williams said Friday that low neutral interest rates are a warning sign of possible changes i...
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