4.75%-5.00% Interest Rates in 2020?

That's what one economic clown believes.

Did anyone bother to calculate interest on the national debt at even 4.00%?

Judging from the dot plot, it appears the Fed is thinking about a recession or a perfect landing sometime in the "longer run".

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All this stuff is pure silliness.

Mike "Mish" Shedlock

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