Fed Consumer Survey Paints Mixed Picture On Eve Of FOMC

I'd like to tell you the latest vintage of the New York Fed's consumer survey is important when it comes to the monetary policy decision calculus, not only because that'd make it more exciting to cover, but also because you'd be inclined to think a Fed survey would be relevant for the people conducting it. Alas, in my experience the poll isn't especially relevant for policymakers. If that's not quite accurate, we can fairly assess that the monthly survey is nowhere near the top of the list when