Yup
The un stimulated track would have been worse !
"As Fed vice-chair Stan Fischer described in a recent speech, economists have yet to understand why,"
but the fed got it's predicted outcome path
" The second surprise is much more troubling: Growth over the past six or seven years has been much slower than the Fed expected. "
"It’s important to emphasize that the slow growth doesn’t mean that monetary policy hasn't worked: Like I said, the Fed has met its inflation and unemployment objectives. "
"What's strange is that success in achieving those goals has been associated with such slow growth."
