The Fed Should Go Back Behind the Wizard of Azzas Curtain

The fed's poor record of forecasting economic conditions demonstrates that it shouldn't publish forecast at all, says larry cudlow. In the days of paul voker who used to go when he was fed chair and he would puff those cigars and sort of blow smoke at the senators  voker believed in the element of surprise and didn't want to tell people everything about it. i think they should just stop because imagine you know if economic decision makers are looking at the fed forecast and deciding whether to buy a house or not.