Ongoing Nonsense Out of the Federal Open Market Committee

FOMC-Proclaimed Sustainable Moderate Growth Continues!

Meeting Market Expectations, the FOMC Held Rates in Check, with
No Intention of Alleviating an Unacknowledged, Troubled Economy and with
No Intention of Helping Troubled Consumer Liquidity

FOMC Projects that Jobs Growth Will Remain Strong, Yet, Persistent,
Historically Low Annual Payroll Growth Faces a Heavy Hit From
Pending, Already Indicated Downside Benchmark Revisions

50-Year Low Unemployment, Yet Labor Market Stress Looks Like a Recession

Fed Purportedly Has Gained Control of Inflation, Which Is Happy News,
Unless You Are Trying to Make Ends Meet

For All Employees, November Real Average Hourly and Weekly Earnings
Showed Zero Monthly Growth for the Third Straight Month

Although Still Not Understood by the FOMC, Systemic Liquidity Issues
Purportedly Are Under Control with Balance Sheet Expansion