Money Supply Growth Moderated in December
Money-supply growth hit a 46-year high in October, but had moderated significantly by December, according to the most recent money-supply data.
Money-supply growth hit a 46-year high in October, but had moderated significantly by December, according to the most recent money-supply data.
The Fed insists the economy is gaining steam. Last week's GDP numbers, and the Fed's inaction on interest rates suggest otherwise.
Now that the Fed has slightly upped its Fed Funds rate target twice, there is talk of a much more ominous issue: shrinking the balance sheet.