11/11/2006

The Fed: Even Good Data Might as Well be Bad Data

The Big Picture just won't give the Fed a break: First they get nailed for squabbling with one another over bad data, and now it turns out that even good data are incredibly unreliable: "Zero was within the 90% confidence interval for the monthly change for nearly every month for the past 2 years!"

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posted by Byrne Hobart at 11:35:00 PM

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