
Spot The Problem With These Forecasts
So earlier today, following the NFP number (which was of course a beat), the Atlanta Fed lowered the

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The most recent quarter will revise to sub 2% and that is with an excessively overshooting model. Speaking of models, a productive discussion might follow from complete publication of how the current 3.6% number was derived. But the FED is not required to hand in its homework, or even show its work.