"This is just getting better and better:
Japan is now seriously blushing. As for the reality of the Fed's forecasts, they are absolutely worthless, so no point in even spending one minute on them..."
at http://www.zerohedge.com/news/fed-slashes-growth-outlook-six-fed-officials-do-not-see-rate-hike-until-2015
- FOMC: 2012 GROWTH AT 2.2%-2.7% VS 2.5%-2.9% IN NOV. FORECAST
- ELEVEN OF 17 FED OFFICIALS SEE MAIN RATE ABOVE 0.25% IN 2014
- SIX OF 17 FED OFFICIALS SEE NO RATE INCREASE BEFORE 2015
- FOMC DOESN'T SET SPECIFIC LONG-RUN GOAL FOR EMPLOYMENT LEVEL
Japan is now seriously blushing. As for the reality of the Fed's forecasts, they are absolutely worthless, so no point in even spending one minute on them..."
at http://www.zerohedge.com/news/fed-slashes-growth-outlook-six-fed-officials-do-not-see-rate-hike-until-2015
