What use is the Fed’s supposed devotion to being “data-driven” when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?
The Fed Says It Is “Data-Driven.” But the Data Isn’t Any Good.
What use is the Fed’s supposed devotion to being “data-driven” when the data itself is unreliable and the Fed is basing its policies on data that is thoroughly wrong?