Here is the Fed's official admission not only the global, but the US economy is fast turning over.
First, the dot plot which dropped across the board...
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... and the official forecast, the Fed cut unemployment forecasts once again, now seeing 5.0% unemployment at the end of 2015, and 4.8% unemployment from 2016 until 2018, even as it cuts its GDP and inflation forecasts across the board.
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But the biggest joke: while 15 "forecasters" expected a first rate hike in 2015 back in June, now this number is down to 13. In other words, 13 expect a rate hike in either October or December despite the lousy economic data revisions.
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Good luck.