The Kansas City Fed Composite Index has not been positive for 13 months and February’s below expectations print of -12 is the worst since April 2009.
The Fed unleashed QE3 the last time KC Fed dipped… and this time is dramatically worse…
The Kansas City Fed Composite Index has not been positive for 13 months and February’s below expectations print of -12 is the worst since April 2009.
The Fed unleashed QE3 the last time KC Fed dipped… and this time is dramatically worse…