Sunday, 6 December 2015

US Bond Market Week in Review: Is the Fed Getting Inflation Wrong? Edition

     Chairperson Yellen offered her assessment of the US economy in a speech to Economic Club of Washington.   First, the good news.  Growth, while moderate, is still positive, printing at 2%-2.5% for the first three quarters of 2015.  And real final domestic purchases were over 3% in the 3Q.  This tells us that consumers continue to spend and businesses are investing.  Now the bad news:



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