Quants from the Federal Reserve Bank of New York recently showed how the tightening of credit causes a significant slowdown in growth. However, delays to raising the federal funds rate liftoff offset part of the adverse economic shocks. And, they built these charts to prove it.
from Byrd Mix http://ift.tt/1RqPIQq via byrd memphis developer
from Tumblr http://ift.tt/1TCtXow
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