The Fed is focusing on ‘flawed’ data and keeping rates high will result in a big policy mistake, economist says
April 29, 2024 at 22:00 PM EDT
The Federal Reserve's fixation on a streak of "flawed" data to justify keeping interest rates higher for longer is bound to spark a policy mistake, according to top economist David Rosenberg. "The Fed seems to be focusing not just on flawed data, but on headlines only. I don't sense any analysis of … Source
