Citi: The Fed May Have Kept Policy too Loose Because of Faulty Data
End-of-summer job growth is stronger than you think.
The Fed: a hotbed of short-termism?
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Remember residual seasonality?
In mid-May, Wall Street economists, along with researchers at select regional Federal Reserve banks, convincingly argued that first-quarter gross domestic product figures were skewed to the downside because of some statistical discrepancies.