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Did the Fed Just Predict a Recession for Later this Year?
by Mish Shedlock, Mish Talk: The Fed does not “predict”, but its GDP projections say “yes”. The Fed’s Summary of Economic Projections (SEP),shows its median fourth-quarter year-over GDP projection was 1.4 percent. “Projections of change in real gross domestic product (GDP) and projections for both measures of inflation are percent changes from the fourth quarter of the […]