The Federal Reserve will announce its latest monetary policy decisions today at 2:00 p.m. ET. Here is a brief rundown of some data that they likely considered prior to any decisions.
The velocity of the the M2 money supply, a measure of how quickly money passes from one person to the next, is at its lowest point since 1970.
Wage growth has recovered since the recession, but the historical trend remains downward.
No single number will determine the Federal Reserve’s changes to monetary policy, but there is certainly plenty of data to consider before any decisions are made.
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