Fed Struggles With The High Water Mark

Gavyn Davies reviews the evidence on the apparent slowing of US economic activity and concludes: So is the US slowdown for real? Yes, but it is not yet very severe — and some of it is the result of the temporary inventory correction, and some to the rising dollar. Unless it grows worse in the next […] View the full post at: Fed Struggles With The High Water Mark Related posts: Obama Aides Say Unemployment Likely to Remain High Is “Fresh Water Macro” Off Track? Unemployment at 25-Year High