The Fed's Forecast for the Second Quarter

I think the speed with which the data fall apart is going to catch a lot of people by surprise. The Fed, not surprisingly, their forecast sucks and will be completely wrong as it is every single time. So we just watch them make the same mistakes they always make. Is it willful ignorance on their part? Do they must know that seasonally the first quarter numbers were inflated and, you know, we're gonna head into this fall off in the second quarter? I don't know.