Ok, the first estimate of Q2 economic growth was not “decent” after all. Actually, the word “disappointing” is more appropriate.
FOMC Still Expects to Make a Move or 2 in 2016: What We Learned During the Week of June 13 – 17
The Federal Reserve does not act again (although it is still expecting to do so in 2016) while manufacturing takes another break.
The Fed Stays Put, GDP Barely Grows: What We Learned During the Week of April 25-29
The Fed does not make a move again as Q1 economic growth disappoints.
