Table: How US Economy Changed Since Last FOMC Mtg

Here’s a table comparing how the US economy has changed since the last FOMC meeting in March. More weakness than strength 4 sure…


  1. Why would US unemployment be bullish if people are leaving the work force? The headline number notching down 10bps takes into account people leaving the workforce. That creates a positive when it’s really a negative. The stat is completely flawed in this environment.


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