JohnKicklighter

A Short-Term Agenda from Monetary Policy?

FRED:GDP   Gross Domestic Product, 1 Decimal
59 0 4
The Fed turning on the spigot of monetary policy may have started out an objective to jump start growth, but is the objective for accommodation still so virtuous? Here we have the effective funds rate (proxy for Fed support) versus US growth and the S&P 500             (speculative returns).
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